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tradable industries and that output volatility is much greater in China than in industrial economies. We find that the driving … force behind our simulation results is strongly related to the non-uniform nature of credit market imperfections in China …
Persistent link: https://www.econbiz.de/10014399360
papers included in this volume comprise the proceedings of a conference on inflation and growth in China that brought … China, and the framework in which monetary, fiscal, and exchange rate policies are formulated in China …
Persistent link: https://www.econbiz.de/10014399452
The reform of fiscal relations between different levels of geovernment is crucial to the success of China's current … experience and to clearly identify the policy options for China in the short to medium term, a conference was held in Shanghai in …
Persistent link: https://www.econbiz.de/10014399453
China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape …, along with anecdotes of rapidly rising migrant wages and episodic labor shortages, has raised questions about whether China … labor shortage economy. Crossing this threshold will have far-reaching implications for both China and the rest of the world …
Persistent link: https://www.econbiz.de/10014395426
China’s economy has been moderate in 2012, with a GDP growth of about 8 percent. Macroeconomic policies helped to … approved projects. Directors encouraged the authorities to accelerate the transformation of China’s economy as conceived under …
Persistent link: https://www.econbiz.de/10014395440
Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It finds … that China’s capital-to-output ratio is within the range of other emerging markets, but its economic growth rates stand out …
Persistent link: https://www.econbiz.de/10014395567
Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10014395581
Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector … process relies primarily on collateral, like in China. As a result, the impact on economic activity of a collapse in real … estate investment in China—though a low-probability event—would be sizable, with large spillovers to a number of China …
Persistent link: https://www.econbiz.de/10014395603
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected …
Persistent link: https://www.econbiz.de/10014395707
considered. As China is a clear example of this pattern, it has been selected to promote understanding of the process …
Persistent link: https://www.econbiz.de/10014395770