China weathered the global financial crisis better than most, thanks to a large and timely stimulus. This stimulus …

estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in potential …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …

China’s rapid credit expansion in 2009–10 brought local government financing platforms (LGFPs) into the spotlight. This …, local governments, and sovereign balance sheet. This paper argues that LGFPs were a fortune for China in the past, but would …

that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private … existing trends continue, valuable resources could be wasted at a time when China’s ability to finance investment is facing … to that in manufacturing and real estate. Financial reform would facilitate such a reorientation, helping China to …

In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling … literature. Going further, we simulate global savings behavior based on our framework and find that China’s demographics should … and future policy choices. Other implications arising from China’s demography, including the growth model, the pension …

This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that … China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is … in China …