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In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling … literature. Going further, we simulate global savings behavior based on our framework and find that China’s demographics should … and future policy choices. Other implications arising from China’s demography, including the growth model, the pension …
Persistent link: https://www.econbiz.de/10011142029
Output growth has slowed in several emerging markets since 2011—a remarkable feature for a non-crisis period in EMs. Such synchronized slowdowns were largely unanticipated by scholars and forecasters alike. In this paper we attempt to shed light on the main drivers of growth surprises and...
Persistent link: https://www.econbiz.de/10011142037
shocks in China. …
Persistent link: https://www.econbiz.de/10011142047
-than-expected growth in China represents a key downside risk. The results caution against trying to offset the current economic slowdown …
Persistent link: https://www.econbiz.de/10011142049
€™s trading partners. Using a two-region factor-augmented vector autoregression model that allows for interaction between China …Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sectorâ … process relies primarily on collateral, like in China. As a result, the impact on economic activity of a collapse in real …
Persistent link: https://www.econbiz.de/10011142057
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10011142066
This paper quantifies the effects of external risks for Peru, with particular attention to two major external risks, China’s investment slowdown and the U.S. monetary policy tightening. In particular, a macroeconomic model for a small open and partially dollarized economy is developed and...
Persistent link: https://www.econbiz.de/10011142105
€™s exports. Although rising trading links with China have allowed African countries to diversify their export base across … countries, away from advanced economies, they have also led SSA countries to become more susceptible to spillovers from China …
Persistent link: https://www.econbiz.de/10011142109
sector, local governments, and sovereign balance sheet. This paper argues that LGFPs were a fortune for China in the past …
Persistent link: https://www.econbiz.de/10011142145
households, suggesting that urban inflation up to 2005 in China was “pro-poor,†in the sense that the increase in the cost of …
Persistent link: https://www.econbiz.de/10011142159