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As an important global and regional economic power, the PRC's growth slowdown may cause large spillover effects to its neighboring economies. Using a multi-sectoral global computable general equilibrium model, this paper quantitatively investigates the impacts of a growth slowdown in the PRC for...
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The global economy continued to recover in the winter semester, despite the number of new infections with the coronavirus rising sharply and containment measures tightened again in many countries. Industrial production and world trade have already fully catched up with activity levels before the...
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Performance of New Energy: Evidence from the OECD and Implications for China -- Chapter 6: Revisiting Reasons for Ten Years of … Power Shortages in China -- Chapter 7: Estimating the Cost of Carbon Abatement for China -- Chapter 8: Energy and Emission … Efficiency Evaluation and Emission Abatement Cost Estimation of China’s Major Industry Sectors -- Chapter 9: Allocation Mode and …
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The world economy is expanding at a more moderate pace with growth momentum continuing to shift from emerging to advanced economies. World GDP will increase by 3.3 per cent this year – even some-what less than the already modest growth in the recent past. For 2016 and 2017 we expect growth to...
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The world economy seems to have stabilized in the first months of the year. The underlying growth dynamics, however, remain weak although we expect growth to accelerate somewhat going forward. This year, global output (at PPP exchange rates) will expand by 3.1 percent, which is close to last...
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