China in a globalizing world
China in a globalizing world
- New YorkUS UN 2005
- xiii, 183 p.
Analyzes the macroeconomic reasons for the Chinese boom since the mid-1990s. Argues that the stable growth performance of China would not have been possible without the strategy of unilaterally fixing the exchange rate. Suggests that China's undeniable success in igniting and sustaining growth from 1994 onwards has been as a result of a policy package that combined market-orientated but prudent microeconomic reforms, with aggressive and growth-oriented macroeconomic policies.
ECONOMIC CONDITIONS
03.02.01 U587
Analyzes the macroeconomic reasons for the Chinese boom since the mid-1990s. Argues that the stable growth performance of China would not have been possible without the strategy of unilaterally fixing the exchange rate. Suggests that China's undeniable success in igniting and sustaining growth from 1994 onwards has been as a result of a policy package that combined market-orientated but prudent microeconomic reforms, with aggressive and growth-oriented macroeconomic policies.
ECONOMIC CONDITIONS
03.02.01 U587