Showing 1 - 10 of 12,013
This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits during 1966-2005, and report the results of a simulation...
Persistent link: https://www.econbiz.de/10012722939
This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits during 1966-2005, and report the results of a simulation...
Persistent link: https://www.econbiz.de/10003855335
We analyse global and euro area imbalances by focusing on China and Germany as large surplus and creditor countries. In … global financial crisis, and that of Germany has proven more persistent as domestic investment has remained subdued …
Persistent link: https://www.econbiz.de/10013059563
In this paper we evaluate the current account patterns of China and Germany. We point out that China’s current account … surplus as a share of global GDP in recent years resembles that of Germany’s. Yet, an important difference is that the Euro … block’s current account inclusive of Germany has overall been balanced, whereas emerging Asia’s current account inclusive of …
Persistent link: https://www.econbiz.de/10013215541
In this paper we evaluate the current account patterns of China and Germany. We point out that China's current account … surplus as a share of global GDP in recent years resembles that of Germany's. Yet, an important difference is that the Euro … block's current account inclusive of Germany, has overall been balanced, whereas emerging Asia's current account inclusive …
Persistent link: https://www.econbiz.de/10008688988
In this paper we evaluate the current account patterns of China and Germany. We point out that China's current account … surplus as a share of global GDP in recent years resembles that of Germany’s. Yet, an important difference is that the Euro … block’s current account inclusive of Germany, has overall been balanced, whereas emerging Asia's current account inclusive …
Persistent link: https://www.econbiz.de/10008699186
We analyze current account imbalances through the lens of the two largest surplus countries; China and Germany. We … its current account surplus, Germany's surplus has continued to increase throughout and after the crisis. Second, for … turned from being undervalued to overvalued, Germany's currency has erased its level of overvaluation and become undervalued …
Persistent link: https://www.econbiz.de/10012008403
We analyze current account imbalances through the lens of the two largest surplus countries; China and Germany. We … its current account surplus, Germany’s surplus has continued to increase throughout and after the crisis. Second, for … turned from being undervalued to overvalued, Germany’s currency has erased its level of overvaluation and become undervalued …
Persistent link: https://www.econbiz.de/10012024585
China's rise has been the economic success story of the past four decades but economic growth has been slowing and domestic imbalances have widened. This paper analyses the recent evolution of China's imbalances, the risks they pose to the economic outlook and the potential impact of a...
Persistent link: https://www.econbiz.de/10011792634
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008