Organization Date Title Keywords
International Monetary Fund (IMF) 04.1.08 Real and Financial Sector Linkages in China and India
Jahangir Aziz
In the spirit of what is known as business cycle accounting, this paper finds that the investment wedge—the gap between household rates of intertemporal substitution and the marginal product of capital—is large and quantitatively significant in...
Finance, Reform, India, Investment
International Monetary Fund (IMF) 04.1.08 A Real Model of Transitional Growth and Competitiveness in China
Leslie Lipschitz, Céline Rochon, and Geneviève Verdier
The authors present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits...
Capital, Economic Growth, Economic Model
International Monetary Fund (IMF) 03.1.08 Hong Kong SAR as a Financial Center for Asia: Trends and Implications
Cynthia Leung and Olaf Unteroberdoerster
We document Hong Kong SAR's evolving role as an international financial center in the Asia region, the importance of the growing special link with China as well as supply-side advantages, and outline the scope for future financial services growth. Hong...
Finance, Hong Kong, International Capital Flows
Congressional Research Service 02.13.08 How Large is China’s Economy? Does it Matter?
Wayne M. Morrison, Michael F. Martin
China’s rapid economic growth since 1979 has transformed it into a major economic power. Over the past few years, many analysts have contended that China could soon overtake the United States to become the world’s largest economy, based on estimates of...
Economic Growth, GDP, Purchasing Power Parity
Council on Foreign Relations 12.1.07 Africa-China-U.S. Trilateral Dialogue
"The Brenthurst Foundation, Chinese Academy of Social Sciences, Council on Foreign Relations, Leon H. Sullivan Foundation
Over the course of the last thirteen months, delegates from Africa, China, and the United States have met three times in an effort to identify strategies of cooperation among their respective nations with the goal of accelerating economic development in...
Africa, Trilateral Dialogue, Economic Development
International Monetary Fund (IMF) 12.1.07 High Growth and Low Consumption in East Asia: How to Improve Welfare While Avoiding Financial Failures
Andrew Feltenstein, Céline Rochon, and Maral Shamloo
This paper analyzes certain policies that are typical of a number of rapidly growing East Asian countries in which a fixed exchange rate, combined with a surplus labor market, has made domestic assets relatively inexpensive, generating high rates of FDI...
Consumption, Economic Growth, Welfare
International Monetary Fund (IMF) 11.1.07 China's Changing Trade Elasticities
Jahangir Aziz and Xiangming Li
In recent years, much has been written about the China's rising current account surplus and the importance of its exchange rate policy. At the same time, the increasing integration of China into the global economy has raised questions about how the...
Elasticity, Imports and Exports, Surplus, Trade
Cato Institute 10.15.07 Securing Land Rights for Chinese Farmers
Zhu Keliang and Roy Prosterman
Despite China's significant economic growth, most of the 700 million farmers that make up about 56% of the total population still lack secure and marketable land rights that would allow them to make long-term investment in land in order to improve...
Land Rights, Property Law, Property Rights
International Monetary Fund (IMF) 10.1.07 What Drives China’s Growing Role in Africa?
Jian-Ye Wang
What role does China play in Africa’s development? What drives China’s increasing economic involvement in the continent? This paper attempts to provide a quantified assessment of China’s multifaceted influence as market, donor, financer and investor, and...
Development, Foreign Direct Investment
International Monetary Fund (IMF) 09.1.07 The Shifting Structure of China's Trade and Production
Li Cui and Murtaza Syed
This paper uses disaggregated trade data to assess how the expansion of China's production capacity and its changing production structure may be affecting its trade linkages with other countries. It finds that China is moving away from traditional...
Imports and Exports, Manufacturing, Trade