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This selected issues paper on Indonesia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on August 21, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011243208
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that … pronounced increase of aggregate US producer price inflation. …
Persistent link: https://www.econbiz.de/10011145441
There has been much concern about inflation in China recently. The People’s Bank in the last few months has raised the … reserve requirement several times to control the money supply to slow down inflation. In 1985 when I was organizing a summer … workshop on macroeconomics in cooperation with the Ministry of Education, Premier Zhao Ziyang asked me to forecast inflation in …
Persistent link: https://www.econbiz.de/10011149983
This paper empirically examines developments in price and inflation in China from 1991 to 2005. Unlike most previous … evidence that inflation can be explained by economic fundamentals such as money, credits, productivity, and exchange rate … sensitive to the sample period than to the region type. Notably, money does not seem to be closely associated with inflation …
Persistent link: https://www.econbiz.de/10008615004
This paper aims to examine the impacts of oil-price shocks on China’s price levels. To that end, we develop a partial …-through mechanism during oil-price shocks. Using the models of both China and the U.S., we separate the impact of price control from … those of other factors leading to China’s price stickiness under oil-price shocks. The results show a sharp contrast between …
Persistent link: https://www.econbiz.de/10009002686
that China has a dampening effect on global inflation through the supply of cheap products. On the other hand, imports from … China could displace domestic production and hence have adverse effects on economic growth and employment. Thus, the … question of whether a country benefits from trading with China is a country-specific issue. The results in this paper indicate …
Persistent link: https://www.econbiz.de/10009222833
We examine determinants of inflation in China. Analyses of both yearonyear and monthonmonth growth data confirm excess … liquidity, output gap, housing prices and stock prices positively affecting inflation. Impulse response analyses indicate that … exchange rates on inflation are relatively weak. Our results suggest that output gap is as important as excess liquidity in …
Persistent link: https://www.econbiz.de/10009363914
As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was … held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and … discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to …
Persistent link: https://www.econbiz.de/10009323474
Purpose – The purpose of this paper is to explore the relationship between China's macroeconomic performance and cyclic … political events. Design/methodology/approach – The research is hypothesis-derived and empirically driven. Findings – In China …, economic growth has been largely consistent under different leaderships, and inflation and unemployment tend to be low during …
Persistent link: https://www.econbiz.de/10008675288
ADB’s Regional Economic Outlook Task Force led in the preparation of the revised outlook for this ADO Supplement. The Task Force is chaired by the Economics and Research Department and includes representatives from the Central and West Asia Department, East Asia Department, Pacific Department,...
Persistent link: https://www.econbiz.de/10010789249