An edition of Rebalancing growth in China (2005)

Rebalancing growth in China

a three-handed approach

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Last edited by MARC Bot
July 14, 2020 | History
An edition of Rebalancing growth in China (2005)

Rebalancing growth in China

a three-handed approach

  • 0 Ratings
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Our paper is an attempt to define the contours of the right macroeconomic strategy for China. In a nutshell, we believe that the package includes a decrease in saving, with a focus on private saving, an increase in the supply of services, in particular health services, and an appreciation of the RMB. This is why we refer to this strategy as a three-handed approach: action on the fiscal and budgetary front, accompanied by currency revaluation. We start by asking how the Chinese economy got to where it is - what the strategy has been since the beginning of the reforms, and what the main characteristics of the economy are today. We then ask what is the desirable path for the future, and which are the main policy tradeoffs implied by such a path. Finally, we put the various pieces together to describe what we believe is a consistent policy package. Keywords: China, growth, appreciation, services. JEL Classifications: E2, O53.

Publish Date
Language
English
Pages
37

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Edition Availability
Cover of: Rebalancing growth in China
Rebalancing growth in China: a three-handed approach
2005, Massachusetts Institute of Technology, Dept. of Economics
in English

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Book Details


Published in

Cambridge, MA

Edition Notes

Title from cover.

"November 25, 2005"--Cover. -- "November 25, 2005 (First draft: August 1, 2005)"--Abstract, p. 1.

Includes bibliographical references (p. 36-37).

Abstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.

Series
Working paper series / Massachusetts Institute of Technology, Dept. of Economics -- working paper 05-32, Working paper (Massachusetts Institute of Technology. Dept. of Economics) -- no. 05-32.

The Physical Object

Pagination
37 p. :
Number of pages
37

ID Numbers

Open Library
OL24641651M
Internet Archive
rebalancinggrowt00blan
OCLC/WorldCat
64231906

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July 14, 2020 Edited by MARC Bot remove fake subjects
May 3, 2011 Created by ImportBot initial import