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The Chinese Economy in the Asian Financial Crisis : The Stability of RMB

Chang, Gene H - 1999

and business circles outside China, this paper argues that the Chinese government is able to and will defend RMB in the … near future. The cost for China to defend RMB is not formidably high for the time being. However, as China implements an …

Persistent link: https://www.econbiz.de/10014197230

Chapter 7. The Chinese Growth Miracle

Yao, Yang - 2014

This chapter provides a review of China’s economic growth since 1978. Studying China’s economic success may shed new … relationship between inequality and economic growth. The chapter starts with a review of the characteristics of China’s economic … growth and compares it with those of several similar economies. Then it shows how China’s economic success has been created …

Persistent link: https://www.econbiz.de/10014025590

China’s Concept of Strategic Autonomy is About Dual Circulation

García-Herrero, Alicia - 2023

China’s dual circulation could be considered a form of strategic autonomy but it differs in many aspects. First and … foremost, China’s dual circulation has as ultimate objective China’s self-reliance or, in other words, China’s reduced …. Finally, China’s dual circulation also aims at fostering export markets beyond China’s already very high share of global …

Persistent link: https://www.econbiz.de/10014344161

Misallocation across Establishment Gender

Ranasinghe, Ashantha - 2020

Extending a standard model for measuring misallocation, I find substantial differences to its extent across male and female establishments spanning over 75 low and middle income countries. In South American and South Asian countries female establishments face higher distortions on production,...

Persistent link: https://www.econbiz.de/10012838752

Institutions and Resource Misallocation : Firm-level Evidence

Pellegrino, Bruno - 2019

efficient allocation of production factors across firms. In this study, we measure the effect of bureaucracy, labor regulations …

Persistent link: https://www.econbiz.de/10012900823

Slowdown and Crisis in the Indian Economy - A Study of the Macroeconomic Developments between the Global Financial Crisis and the COVID-19 Crisis (2011-12 to 2019-20)

Morris, Sebastian - 2020

In this paper we bring out the performance of the Indian economy, and review the approach of macroeconomic policy especially demand management in the Indian economy. After the shock of the Global Financial Crisis (GFC), India’s economy did not dip much due to the well-directed fiscal stimulus...

Persistent link: https://www.econbiz.de/10014090181

The COVID-19 Crisis in India - Impact, Response and Recovery

Morris, Sebastian - 2022

The situation prior to the COVID, as brought out in Morris, Sebastian (2020), was problematic with major slowdown and heightened uncertainty in the financial sector in the last year before the Crisis. The response of the RBI, free from its conservative shackles, now followed the US into...

Persistent link: https://www.econbiz.de/10013306185

The Case for a Wholesale Central Bank Digital Currency Architecture

Hamdy, Mohammad - 2023

Among the countries currently considering issuing a central bank digital currency (CBDC), including nearly all of G20, there is a strong preference for a retail CBDC made available to the general public through private intermediaries. This Policy Brief sheds light on the technical complexities...

Persistent link: https://www.econbiz.de/10014348596

Alternatives to Fiscal Austerity in Spain

Weisbrot, Mark; Montecino, Juan Antonio - Center for Economic and Policy Research (CEPR) - 2010

This paper looks at the planned austerity measures in Spain, the rationale for the spending cuts and tax increases, likely outcomes for future debt-to-GDP ratios, and the probable results of alternative policies.

Persistent link: https://www.econbiz.de/10008560250

Monetary Policy Shocks from the EU and US: Implications for Sub-Saharan Africa

Kronick, Jeremy - Volkswirtschaftliche Fakultät, … - 2014

This paper addresses the debate in the literature on how developing countries are affected by foreign monetary policy shocks. I analyze how contractionary monetary policy shocks originating in different regions, specifically the Euro Area (“EU”) and United States (“US”), affect a set of...

Persistent link: https://www.econbiz.de/10011107889