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The Roots of China’s Economic Slowdown

Author

Listed:
  • Gheorghe H. Popescu
  • Elvira Nica

Abstract

The mainstay of the paper is formed by an analysis of the effects of China asset rate changes on Asian financial markets, China’s decision-making process, the impact of China’s economic development on global trade and production connections, and China’s ability to maintain a sustainable level of growth. Applying new conceptual and methodological approaches, this study advances to the next level research on China’s cautious opening to capital flows, its openness and high investment rate, its decentralized fiscal system and gradual reforms, and the gradual process of China’s domestic financial development.

Suggested Citation

  • Gheorghe H. Popescu & Elvira Nica, 2014. "The Roots of China’s Economic Slowdown," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(1), pages 14-17, March.
    • Handle: RePEc:khe:journl:v:6:y:2014:i:1:p:14-17
    as

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    References listed on IDEAS

    as
    1. Barry Eichengreen & Donghyun Park & Kwanho Shin, 2012. "When Fast-Growing Economies Slow Down: International Evidence and Implications for China," Asian Economic Papers, MIT Press, vol. 11(1), pages 42-87, Winter/Sp.
    2. Baocheng Ji, 2010. "China's economic recovery and the China model," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 8(3), pages 215-226.
    3. Perkins, Dwight H., 2012. "Rapid growth and changing economic structure: The expenditure side story and its implications for China," China Economic Review, Elsevier, vol. 23(3), pages 501-511.
    4. Glick, Reuven & Hutchison, Michael, 2013. "China's financial linkages with Asia and the global financial crisis," Journal of International Money and Finance, Elsevier, vol. 39(C), pages 186-206.
    5. Dwight H. Perkins, 2012. "China’s Investment and GDP Growth Boom: When and How will it End?," International Economic Association Series, in: Masahiko Aoki & Jinglian Wu (ed.), The Chinese Economy, chapter 2, pages 35-59, Palgrave Macmillan.
    6. Fang Cai & Yang Lu, 2013. "Population Change and Resulting Slowdown in Potential GDP Growth in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 21(2), pages 1-14, March.
    7. Geoffrey Hodgson & Kainan Huang, 2013. "Brakes on Chinese Development: Institutional Causes of a Growth Slowdown," Journal of Economic Issues, Taylor & Francis Journals, vol. 47(3), pages 599-622.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Chinese economy; global trade; financial markets;
    All these keywords.

    JEL classification:

    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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