China's Growth and Integration into the World Economy: Prospects and Challenges

Author: Mr. Eswar S Prasad

Volume/Issue: Volume 2004 Issue 006

Publication date: June 2004

ISBN: 9781589062580

$15.00

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Topics covered in this book

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Banks and Banking , Exports and Imports , Labor , Public Finance , OP , China , exchange rate , inflation , world nonfuel commodity price index , state enterprise reform , world nonfuel commodity index , WTO accession , modeling exchange rate dynamics , Real exchange rates , Employment , Nonperforming loans , Commercial banks , Global , Asia and Pacific , Africa

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Summary

China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s macroeconomy and economic structure. It also surveys the main policy challenges that will need to be addressed for China to maintain sustained high growth and continued global integration.