rebalancing would entail. The nature of the challenge differs across regional economies, as some, like China, need to raise … private consumption while others, like the ASEAN economies, need to raise investment. Given that China accounts for such a … various aspects of the rebalancing challenge in China. …

Intro -- Contents -- I. INTRODUCTION -- II. CONSUMPTION, INVESTMENT, AND SAVINGS IN CHINA -- III. THE CHINESE ECONOMY …

, loosely based upon China. We calibrate a benchmark equilibrium, and carry out various counterfactual simulations to analyze …

rebalancing would entail. The nature of the challenge differs across regional economies, as some, like China, need to raise … private consumption while others, like the ASEAN economies, need to raise investment. Given that China accounts for such a … various aspects of the rebalancing challenge in China …