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China's rise has been the economic success story of the past four decades but economic growth has been slowing and … domestic imbalances have widened. This paper analyses the recent evolution of China's imbalances, the risks they pose to the … economic outlook and the potential impact of a transition to sustainable growth in China on the global and euro area economies …
Persistent link: https://www.econbiz.de/10012928882
China's rise has been the economic success story of the past four decades but economic growth has been slowing and … domestic imbalances have widened. This paper analyses the recent evolution of China's imbalances, the risks they pose to the … economic outlook and the potential impact of a transition to sustainable growth in China on the global and euro area economies …
Persistent link: https://www.econbiz.de/10011792634
Economic Growth and External Stabilisation (defined in terms of Current Account Balance as a percentage of GDP) is a top priority for policy-makers, while laying out the macroeconomic framework for Indian economy. Government of India had targeted for an average GDP growth rate of 9 percent and a...
Persistent link: https://www.econbiz.de/10011446274
This paper investigates the relationship between economic growth performances of countries and their structural input-output network characteristics. We employ a new centrality measure developed by Blöchl et al. (2011) for directed networks with self-loops to determine sectoral heterogeneities...
Persistent link: https://www.econbiz.de/10011536870
Global Manufacturing and International Supply Chains changed the way trade and international economics are understood today. The present essay builds on recent statistical advances to suggest new ways of looking at the demand and supply side approaches when Global Value Chains (GVCs) -...
Persistent link: https://www.econbiz.de/10011435987
economic growth. However, due to limitations of data, such techniques have never been applied to China's regional economies …. Fortunately, in 2003, China's Interregional Input-Output Table for 1987 and Multi-regional Input-Output Table for 1997 were … published, making decomposition analysis of China's regional economies possible. This paper first estimates the interregional …
Persistent link: https://www.econbiz.de/10005227611
a few post-estimation diagnostic tests, and found that the residuals of the regressions have a normal distribution and …
Persistent link: https://www.econbiz.de/10011499650
The global financial crisis reinforced a sense that the world is “shifting East” – to Asia. The essential story of modern Asia is its unprecedented expansion of economic freedom, enabled by market liberalization. Economic freedom, however, remains substantially repressed across the...
Persistent link: https://www.econbiz.de/10013080241
This paper deals with the causal relation between military spending and economic growth of a state. There are three schools of thought on this issue: military spending promotes economic growth; it retards economic growth; and there exists no causal relations between the two. Pakistan’s...
Persistent link: https://www.econbiz.de/10014129710
the country to target the world as its market. This research discusses the role of international trade in China's economic … growth. It starts with a review of conceptions as well as the evolution of China's international trade regime and the policy … that China has taken in favor of trade sectors. In addition, China's international trade performance is analyzed …
Persistent link: https://www.econbiz.de/10013138732