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Persistent link: https://www.econbiz.de/10012122069
"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10003429626
Persistent link: https://www.econbiz.de/10013439504
This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10010269233
Persistent link: https://www.econbiz.de/10011587925
Volksrepublik China seit 1978 übertrifft alles bisher Bekannte. Diese Dynamik ist umso beachtlicher, blickt man auf den gesamten … zur zweitgrößten Wirtschafts- und Handelsmacht hat China Japan überholt und aufgeschlossen zur Europäischen Union als … China das Wachstum der vergangenen Jahrzehnte aufrechterhalten kann, wird es in weniger als 15 Jahren die Vereinigten …
Persistent link: https://www.econbiz.de/10011601935
In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long …-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China …-)escalate once global and domestic economic conditions normalise. Third, the fundamental factors underpinning growth in China are …
Persistent link: https://www.econbiz.de/10011606294
This paper analyzes economic-social interaction in China in connection with the country's change of economic system. I … China's options for future social improvements into three broad categories: policies that improve the stability and …
Persistent link: https://www.econbiz.de/10010264279
The success of economic reforms in China is often attributed to favourable starting conditions. Yet structural … and insufficient reform efforts are shown to have worked against enterprise efficiency and economic growth in China …
Persistent link: https://www.econbiz.de/10010265330
Since China joined the WTO in 2001, the pressure for bank reforms has mounted as China ought to fully open up its … foreign competition can solve China's banking problem remains to be tested. This paper aims to answer this question through …
Persistent link: https://www.econbiz.de/10010273412