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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 transition to sustainable growth in China on the global and euro area economies …
Persistent link: https://www.econbiz.de/10011792634
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 transition to sustainable growth in China on the global and euro area economies …
Persistent link: https://www.econbiz.de/10012928882
This paper considers interactions between China's domestic and external imbalances and their global implications. We … present scenarios detailing how a rebalancing of China's growth pattern from investment‐driven growth towards more consumption … external imbalances. A policy implication for China is that for rebalancing to be fast, consumption must be exceptionally …
Persistent link: https://www.econbiz.de/10014123343
The paper argues that Thailand's economic and social development from the late 19th century to the early 21st century presents a puzzle. For much of the period from 1870 to 1940, the country's economic growth was slow, and the economy remained agricultural, with little diversification into...
Persistent link: https://www.econbiz.de/10011447970
growth in China, province-specific withdrawal strategies for the state sector have no effect on economic growth …
Persistent link: https://www.econbiz.de/10014188883
This study mainly examines the role of macroeconomic policy variables associated with Maastricht Convergence Criteria (MC), using various approaches to analyze comparatively differences in growth and convergence in income, productivity, and unemployment between a developed, economically...
Persistent link: https://www.econbiz.de/10009693477
To investigate the causes of Korea’s growth slowdown over the past thirty years, we estimate the contributions of major developmental factors, including i) demographic factors (changes in population growth and workforce age due to the demographic transition), ii) quality-of-life-related choice...
Persistent link: https://www.econbiz.de/10014463353
: The cases of Great Britain and China -- HISTORIOGRAPHICAL INTRODUCTION: TRADITIONAL VIEWS AND ALTERNATIVE PERSPECTIVES … view: China as a despotic, 'oriental' empire -- Alternative perspectives: Fiscal-militarism and mercantilism in Britain and … benevolent agrarian paternalism in China -- Further revisionism: Early modern parallels in state-building and the creating of …
Persistent link: https://www.econbiz.de/10013041899
Persistent link: https://www.econbiz.de/10008649811
Persistent link: https://www.econbiz.de/10003496045