Showing 1 - 10 of 157
Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter … challenges have their roots in China’s inadequate marketization and continued discrimination against the domestic private sector … themselves into nonperforming loans. In partially-reformed China, public-directed investments via the state enterprises tend to …
Persistent link: https://www.econbiz.de/10005062405
Financial Crisis, and China increased the growth rate of base money slightly. The resulting credit growth was very slight in US … and UK but over 100% in China. The US and UK money multipliers collapsed because the required capital adequacy ratio (CAR … it; and equals the reciprocal of the required reserve ratio when CAR is not binding. To improve China's economic …
Persistent link: https://www.econbiz.de/10013143005
caught in it. The CUI shows that China became a middle-income country in 2007-2008. We see five major types of middle …-income trap that China is vulnerable to (a) fiscal stress from the nonperforming loans generated by the interaction between the … governance principles and management methods to prevent China from falling into these five types of middle-income trap …
Persistent link: https://www.econbiz.de/10013097879
We attribute the success of China’s monetary-fiscal policies in producing 8.7% growth in 2009 to (1) the capital … would accelerate high-quality urbanization whereby the state would build public housing for migrants. China’s high economic …, especially in USA, for protectionism against Chinese exports. As these calls have been prompted by China’s chronic trade surplus …
Persistent link: https://www.econbiz.de/10014044554
The 6th Plenum of the 16th Central Committee of the Communist Party of China (CPC) concluded on October 11, 2006, with … smashing into a barrier erected by an outsider. For hardware failure we discuss the possible weakening of China's fiscal … disorder caused by outmoded governance. And for power supply failure, we discuss the possible trade disputes from China …
Persistent link: https://www.econbiz.de/10009024450
banking crisis; (2) a software failure, which is a flaw in governance that creates social disorders (analogous to a fight … environmental collapse or an export collapse. The fact that China has recently declared that its most important task is to build a … because a harmonious society cannot endure in China unless there is also a harmonious world, and vice-versa. The large amount …
Persistent link: https://www.econbiz.de/10008633028
The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is …
Persistent link: https://www.econbiz.de/10010318608
banking crisis; (2) a software failure, which is a flaw in governance that creates social disorders (analogous to a fight … environmental collapse or an export collapse. The fact that China has recently declared that its most important task is to build a … because a harmonious society cannot endure in China unless there is also a harmonious world, and vice-versa. The large amount …
Persistent link: https://www.econbiz.de/10014206126
President Xi Jinping pronounced in April 2014 that China has entered a New Normal in economic growth, and the common … World Bank's projections in January 2016 that China's growth rate would drop to 6.7 percent in 2016 and then to 6.5 percent …. In this paper we (1) identify some of the major structural reforms that would entrench dynamism into China's economy, and …
Persistent link: https://www.econbiz.de/10012988366
China’s high savings rate and low consumption rate have become a major concern of policy-makers in China, as well as in … the rest of the world. This paper integrates China’s demographic and national account data with age and sex profiles of … household consumption- and labor earnings to project China’s national savings through 2030. Our baseline projections show that …
Persistent link: https://www.econbiz.de/10014195339