Advanced Search
MyIDEAS: Login to save this article or follow this journal

The Global Crisis as an Opportunity - the Case of China

Contents:

Author Info

  • Sarmiza Pencea

Abstract

After 30 years of restructuring, high economic growth and development, China could face the onset of the global economic crisis from a very favourable position: it was the third largest economy in the world, the second most important FDI destination, a leading manufacturer in many industries, the second largest exporter and the third largest importer globally and, maybe most importantly, the holder of the highest foreign exchange reserves among nations. This allowed a bold attitude of the Chinese leaders, which aimed not only at subduing the crisis but also at taking the best advantage of it. The governmental prompt response, with a comprehensive interventionist package, to the collapse of the foreign markets, seems to have yielded the expected results, but these results may prove unsustainable in the longer run if the Chinese development model is not changed.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://iem.ro/rem/index.php/REM/article/view/31/17
Download Restriction: no

Bibliographic Info

Article provided by Institute for World Economy, Romanian Academy in its journal Revista de Economie Mondiala.

Volume (Year): 1 (2009)
Issue (Month): 4 (December)
Pages:

as in new window
Handle: RePEc:iem:journl:v:1:y:2009:i:4:id:2822000008754047

Contact details of provider:
Postal: Casa Academiei, Calea 13 Septembrie nr.13, sector 5, Bucure┼čti 761172
Phone: 004 021 4105596
Fax: 004 021 4105020
Email:
Web page: http://www.iem.ro/
More information through EDIRC

Related research

Keywords: China; Chinese economy; Chinese development model; the global economic crisis; stimulus package; industrial policy;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:iem:journl:v:1:y:2009:i:4:id:2822000008754047. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ionela Baltatescu).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.