Organization Date Title Keywords
International Monetary Fund (IMF) 01.1.07 China: Strengthening Monetary Policy Implementation
Bernard J. Laurens and Rodolfo Maino
The People's Bank of China (PBC) has made great strides in modernizing its monetary policy frameworks, but their effectiveness will diminish as the sophistication of the economy increases. Empirical evidence supports maintaining a reference to money in...
Banking, Economic Growth, Monetary Policy
International Monetary Fund (IMF) 12.1.06 Rebalancing China's Economy: What Does Growth Theory Tell Us?
Jahangir Aziz
This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price...
Consumption, Economic Growth, Investment
International Monetary Fund (IMF) 12.1.06 The Rise of Foreign Investments in Chinese Banks—Taking Stock
Lamin Leigh and Richard Podpiera
The recent wave of foreign investment in China's banks and the prospects of further opening of the banking sector under the WTO agreement suggest that foreign banks are likely to play an increasingly important role in China. This paper takes stock of the...
Banking
American Enterprise Institute for Public Policy Research 11.30.06 America and Japan Approach a Rising China
Dan Blumenthal
America’s post-Cold War China policy was premised on the hope that multidimensional engagement with Beijing would result in a strong, rich, peaceful, and democratic China. Almost two decades later, America’s attitude toward China reflects the fear that...
International Relations, U.S.-China Relations
International Monetary Fund (IMF) 11.1.06 Can Good Events Lead to Bad Outcomes? Endogenous Banking Crises and Fiscal Policy Responses
Andrew Feltenstein and Céline Rochon
A study of the impact of labor market restructuring and foreign direct investment on the banking sector, using a dynamic general equilibrium model with a financial sector. Numerical simulations are performed using stylized Chinese data, and bank failures...
Banking
International Monetary Fund (IMF) 11.1.06 What’s Driving Investment in China?
Steven Barnett and Ray Brooks
Investment has grown rapidly in China in recent years, reaching more than 40 percent of GDP. Despite good progress on bank and enterprise reforms, weaknesses remain that could contribute to inefficient investment decisions. Manufacturing, infrastructure...
Investment, Manufacturing, Real Estate
Natural Resources Defense Council 11.1.06 Chinese Nuclear Forces and U.S. Nuclear War Planning
Hans M. Kristensen, Robert S. Norris, Matthew G. McKinzie
China and the United States have been aiming their nuclear weapons at each other for decades, but now—with the absence of a definitive enemy such as the Soviet Union—the United States has elevated China to fill the void to help justify modernizing its...
Military Policy, Nuclear Issues
Congressional Research Service 10.10.06 Taiwan-U.S. Political Relations: New Strains and Changes
Kerry Dumbaugh
The U.S. policy framework for Taiwan was laid down in 1979 when Washington severed official relations with the Republic of China (ROC) on Taiwan and instead recognized the People’s Republic of China (PRC) as the legitimate Chinese government. The basics...
Taiwan, Democracy, International Relations, One-China Policy
International Monetary Fund (IMF) 10.1.06 How Robust Are Estimates of Equilibrium Real Exchange Rates: The Case of China
Steven Dunaway, Lamin Leigh, and Xiangming Li
Increased attention is being paid to assessments of the actual values of countries' real exchange rates relative to their "equilibrium" values as suggested by "fundamental" determining factors. This paper assesses the robustness of alternative approaches...
Currency
Amnesty International 10.1.06 Amnesty International Calls on China to Start the Process to Sign Up to the New International Criminal Court
As of 1 October 2006, 102 states had ratified the Rome Statute, establishing the International Criminal Court to prosecute genocide. China is one of only seven nations to vote against. Based on the strong political support expressed for the Court and the...
Genocide, Human Rights, International Law, Rome Statute