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Macroeconomic Management in China

Author

Listed:
  • Dena Sedeghian

    (Reserve Bank of Australia)

  • Graham White

    (Reserve Bank of Australia)

  • Patrick D’Arcy

    (Reserve Bank of Australia)

Abstract

China’s economy has expanded at a rapid pace over the past three decades, underpinned by a range of economic reforms. While many of these reforms have focused on the supply side of the economy, the authorities have employed a range of policies to manage aggregate demand and control the build-up of inflationary pressures and financial risks. The operation of macroeconomic policy in China differs from that typically used in developed economies, reflecting China’s particular institutional and economic environment. Macroeconomic policy is implemented in a coordinated manner with authorities using a range of monetary, fiscal and regulatory policy instruments to achieve economic objectives.

Suggested Citation

  • Dena Sedeghian & Graham White & Patrick D’Arcy, 2013. "Macroeconomic Management in China," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 11-20, June.
    • Handle: RePEc:rba:rbabul:jun2013-02
    as

    Download full text from publisher

    File URL: https://www.rba.gov.au/publications/bulletin/2013/jun/pdf/bu-0613-2.pdf
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    References listed on IDEAS

    as
    1. Grant Turner & Nicholas Tan & Dena Sadeghian, 2012. "The Chinese Banking System," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 53-64, September.
    2. Ma, Guonan & Xiandong, Yan & Xi, Liu, 2011. "China's evolving reserve requirements," BOFIT Discussion Papers 30/2011, Bank of Finland Institute for Emerging Economies (BOFIT).
    3. Guonan Ma & Yan Xiandong & Liu Xi, 2013. "China’s evolving reserve requirements," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 11(2), pages 117-137, May.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Scott Bowman & Patrick Conway, 2013. "China’s recent growth and its impact on the New Zealand economy," Treasury Working Paper Series 13/15, New Zealand Treasury.
    2. Alexander Ballantyne & Megan Garner & Michelle Wright, 2013. "Developments in Renminbi Internationalisation," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 65-74, June.
    3. Kelsey Wilkins & Andrew Zurawski, 2014. "Infrastructure Investment in China," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 27-36, June.

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