00732nam a2200109Ia 4500080001800000245003300018260002500051300001700076520048700093583001800580650002400598 a03.02.01 U587 aChina in a globalizing world bUNaNew YorkUSc2005 axiii, 183 p. aAnalyzes 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. c11/3/05kJOYD aECONOMIC CONDITIONS