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...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Yueh, L
Format: Journal article
Sprog:English
Udgivet: MIT Press 2011
Beskrivelse
Summary: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.