Showing 1 - 10 of 152
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
From a dataset of Chinese firms in the 2005-07 period, we find that government investment boosted the performance of zombie firms and crowded out the growth of private firms; and that the higher the concentration of state banks, and of SOEs, the more conducive is the environment for nurturing...
Persistent link: https://www.econbiz.de/10012988346
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
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 … global environmental commons more likely. China's quest for a harmonious society requires it to help provide global public …
Persistent link: https://www.econbiz.de/10008633028
competition increase as a result of China's recent accession to the World Trade Organization? Will Indonesia, Malaysia, the … model suggest that, beyond the underlying international repercussions generated by China's emergence into the international … economy, China's WTO accession per se is likely to generate additional substantial benefits for China and have little …
Persistent link: https://www.econbiz.de/10009451727
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
Persistent link: https://www.econbiz.de/10013168623