00761nam a2200121Ia 450000500170000008000180001724500330003526000250006830000170009352004870011058300180059765000240061520260716043626.0 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