Re-balancing China: Linking internal and external reforms.

The re-balancing of the Chinese economy requires the linking of internal and external sector reforms. The shift toward greater domestic demand necessitates a series of measures, including the adjustment of interest rates and the exchange rate. A more balanced Chinese economy would generate more sust...

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Autor principal: Yueh, L
Format: Journal article
Idioma:English
Publicat: MIT Press 2011
Descripció
Sumari:The re-balancing of the Chinese economy requires the linking of internal and external sector reforms. The shift toward greater domestic demand necessitates a series of measures, including the adjustment of interest rates and the exchange rate. A more balanced Chinese economy would generate more sustainable growth, particularly as global macroeconomic imbalances fall from their pre-crisis peak.