China's economy in transition: from external to domestic re-balancing

China's current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in China's external imbalance, it has not been accompanied by a decisive shift toward consumption-based growth. Instead, the compression i...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Singh, Anoop 1950- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C. International Monetary Fund 2013
Schlagworte:
Online-Zugang:BSB01
FAN01
FHA01
FKE01
FLA01
FLA01
FNU01
LCO01
SBG01
SBR01
TUM01
UBA01
UBG01
UBM01
UBR01
UBT01
UBW01
UBY01
UEI01
UER01
UPA01
Volltext
Zusammenfassung:China's current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in China's external imbalance, it has not been accompanied by a decisive shift toward consumption-based growth. Instead, the compression in its external surplus has been accomplished through increasing fixed investment so that it is now an even higher share of China's national economy. This increasing reliance on fixed investment as the main driver of China's growth raises questions about the durability of the compression in the external surplus and the sustainability of the current growth model that has had unprecedented success in lifting about 500 million people out of poverty over the last three decades. This volume examines various aspects of the rebalancing process underway in China, highlighting policy lessons for achieving stable, sustainable, and inclusive growth
Beschreibung:Includes bibliographical references and index
Beschreibung:1 Online-Ressource (x, 279 Seiten) Illustrationen
ISBN:9781484372821
1484372824

Es ist kein Print-Exemplar vorhanden.

Fernleihe Bestellen Achtung: Nicht im THWS-Bestand! Volltext öffnen