The paper explores the behavior of the long-run real exchange rate (RER) of Hong Kong SAR and China by testing the … suggest (1) at present, Hong Kong SAR and China do not satisfy the conditions necessary for forming an optimal currency area …-run elasticity between the RERs of Hong Kong SAR and China is negative …

This paper examines the progress made in four Asian transition economies—China, Lao P.D.R., Vietnam, and Mongolia …

government in China over the past two decades and provides an assessment of the success of previous reforms in meeting their …

recommendations for China. The simulations highlight the importance of the criteria being used for determining speed and sequencing …

China''s sectoral trade composition, product quality mix, and import content of processing exports have all changed … very wide. All this suggests greater caution in using historical data to simulate the response of the China''s economy to … external shocks and exchange rate changes. Analyses based on models whose estimated coefficients largely reflect the China of …

Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key … China has been an important factor behind the increase in domestic demand and high investment growth, while its export …, in the second part of this decade economic growth in China could slow down. For Latin American countries, export receipts …

discussion of the rationale for decentralization, the paper describes the main structural and economic developments in China in …

In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the …

This paper describes economic developments in the People’s Republic of China during 1996–97. In 1996, the authorities …

to be put in place following the transfer of sovereignty over Hong Kong to China in 1997. International treaties between … Britain and China from the nineteenth century are reviewed. The paper discusses Hong Kong’s current and future constitutional …