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Initially, the global financial crisis caused a surge of financial inflows, raising Chinese investment but this abated in 2008, to be replaced by a slowdown in export demand. The government's key response has been to commit to an unprecedented fiscal expansion. Two oft-ignored consequences are,...
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Initially, the global financial crisis caused a surge of financial inflows, raising Chinese investment but this abated in 2008, to be replaced by a slowdown in export demand. The government’s key response has been to commit to an unprecedented fiscal expansion. Two oft-ignored consequences...
Persistent link: https://www.econbiz.de/10010904324
Initially, the global financial crisis caused a surge of financial inflows to China, raising investment, but this abated in 2008, leaving a substantial contraction in export demand. The government’s key response was to commit to an unprecedented fiscal expansion. Two oftignored consequences...
Persistent link: https://www.econbiz.de/10008539819
Like many industrialised economies in the pre-depression era, Australia elected to maintain a highly protectionist trade policy regime and hence to retard its integration with the global economy. The rationale for Australia’s protectionism was, as elsewhere, the enhancement of worker welfare....
Persistent link: https://www.econbiz.de/10005245715
demographic transition have led to accelerated ageing of populations in developed countries and in several advanced developing countries. This paper introduces a global demographic model from which emerge the implications of these changes for population sizes, age distributions and gender...
Persistent link: https://www.econbiz.de/10005245719
The fertility declines associated with the final phase of the global demographic transition have led to accelerated ageing of populations in developed countries and in several advanced developing countries. This paper introduces a global demographic sub-model, from which emerge the global...
Persistent link: https://www.econbiz.de/10005245722
The fertility declines associated with the final phase of the global demographic transition have led to slower population growth and accelerated ageing in developed countries and in several advanced developing countries. A global demographic and economic is used to assess the implications of...
Persistent link: https://www.econbiz.de/10005245723