The value-added tax (VAT) in China has the unusual feature that capital goods are included in the VAT base. In addition … that domestic producers are not increasingly placed at a disadvantage as China dismantles tariff and nontariff barriers on …

This paper reviews the evolution of China''s real effective exchange rate between 1980 and 2002, and uses a structural …

Substantial effort has been devoted to reforming China''s banking system in recent years. The authorities recapitalized …

China''s growth record since the start of its economic reforms in 1978 has been extraordinary. Yet, this impressive … to analyze the variation in labor productivity growth across China''s provinces. This approach imposes less structure on … convergence in labor productivity across China''s provinces during 1978-98. However, our results show that provinces converged in …

Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and … regulated interest rates (lending and deposit rates), reflecting China''s gradual process of interest rate liberalization. We …

This paper gauges the potential effects on employment of rebalancing China''s exportoriented growth model toward … existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China''s case … paper shows that while rebalancing China''s growth toward a domestic-demand-led economy would likely raise aggregate …

countries, particularly China. In a number of African countries, labor productivity has fallen and land productivity has not … risen significantly. In China, on the other hand, land and labor productivities have increased steadily over the past two … decades. An examination of factors underlying the contrasting experiences of China and countries in Sub-Saharan Africa reveals …

China's trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated … products as part of global supply chains, China is now moving up the value chain, 'onshoring' the production of higher … China's rebalancing-away from exports and toward domestic demand, and within the latter, away from investment and toward …