China's changing growth pattern
China’s growth over the past 30 years has been remarkable. In part, that reflects a strategy pursued by many emerging market economies in the past with a focus on expanding exports. More recently, China’s current account surplus has shrunk, reflecting the collapse in world trade during the financial crisis, and the domestic stimulus China introduced in response. This article discusses China’s previous growth pattern and asks whether the nascent rebalancing will be sustained, considering implications for the rest of the world.
Volume (Year): 51 (2011)
Issue (Month): 1 ()
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- Hui Tong & Shang-Jin Wei & Tamim Bayoumi, 2010.
"The Chinese Corporate Savings Puzzle; A Firm-Level Cross-Country Perspective,"
IMF Working Papers
10/275, International Monetary Fund.
- Tamim Bayoumi & Hui Tong & Shang-Jin Wei, 2012. "The Chinese Corporate Savings Puzzle: A Firm-level Cross-Country Perspective," NBER Chapters, in: Capitalizing China, pages 283-308 National Bureau of Economic Research, Inc.
- Tamim Bayoumi & Hui Tong & Shang-Jin Wei, 2012. "The Chinese Corporate Savings Puzzle: A Firm-Level Cross-Country Perspective," Working Papers 202012, Hong Kong Institute for Monetary Research.
- Tamim Bayoumi & Hui Tong & Shang-Jin Wei, 2010. "The Chinese Corporate Savings Puzzle: A Firm-level Cross-country Perspective," NBER Working Papers 16432, National Bureau of Economic Research, Inc.
- Astley, Mark & Giese, Julia & Hume, Michael & Kubelec, Chris, 2009. "Global imbalances and the financial crisis," Bank of England Quarterly Bulletin, Bank of England, vol. 49(3), pages 178-190.
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