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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Detalles Bibliográficos
Autor principal: Yueh, L
Formato: Journal article
Lenguaje:English
Publicado: MIT Press 2011
Descripción
Sumario: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.