China's Exchange Rate Policy: An Overview of Some Key Issues
Oct 10, 2007 ... Preliminary—to be revised in light of conference papers and discussants comments. ... 2005 (7.2 percent of GDP) and then $250 billion (9.5 percent of GDP) ... data on trade in goods through August, we estimate that China's ...
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Why has China's Economy Taken Off Faster Than India's? - iSites
The authors are grateful to Robert Fogel for helpful discussants' comments. ... Before 1980, economic growth in both China and India, as measured by the growth rate ... each country to estimates of the marginal productivity of each factor (based ..... We explain growth in per capita GDP in each five-year period for a panel of ...
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Comments on Dani Rodrik and Arvind Subramanian,“From 'Hindu
Nov 5, 2004 ... expanded version of my comments as discussant at the IMF Jacques Polak ... within a country can be misleading even if problems of aggregation, price deflation, exchange .... production of a closely related good. .... Table VII reports Angus Maddison's estimates of India's per capita GDP and China's in.
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China's Recent Economic Performance and Future Prospects*
Our forecast of China's economic future is based primarily on the supply side growth ... for projecting into the future so this essay will concentrate on issues and ... for helpful comments and suggestions from the two formal discussants, .... where the g's are the growth rates of GDP, the capital stock, and employed labor, the w's.
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China, the United States, and the Global Economy - RAND
United States—Foreign economic relations—China. I. Chen, Shuxun. .... Discussant: Shuxun Chen . .... three principal challenges facing China's economy : rural industrial- ization .... John Despres presents in Chapter Ten a broad overview of “American ... Concerning the first of these issues, he contends that U.S. estimates.
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Workshop report - Food and Agriculture Organization of the United
Workshop Overview . .... Discussion including Discussant's Comments. ..... Issues related to rural income generating activities (RIGA) ... agriculture in GDP ( declining as the sector evolves), the share of labour in agriculture. (declining ... with respectable agricultural growth, there are regions (i.e. Western China, Eastern India).
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Imbalances, Overheating, and the Prospects for Global Recovery
Nov 8, 2010 ... discussant Hangyu Lee and conference participants for helpful comments, ... China, the rest of East Asia, and the oil exporting countries ran ...
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Multipolarity: The New Global Economy - World Bank
OvERviEw. ... Multipolarity to Bring Benefits and New Challenges to the Developing World . .... Proximate and fundamental factors related to multidimensional growth polarity . .... Nominal GDP overtaking scenarios, selected emerging and advanced ..... Estimates of long-run global money demand for the U.S. dollar, euro,.
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Forecasting Economic and Financial Variables with Global VARs
Abstract. This paper considers the problem of forecasting real and financial ... across models and windows, financial and macroeconomic forecasts ... comments by the discussants James Stock and Domenico Giannone as well as Frank Diebold and ..... domestic variables are related to country-specific foreign variables.
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Explaining Investment in China - Department of Economics
helpful comments. ... China has had a remarkably high ratio of investment to output throughout the ... GDP. The rate of gross fixed capital formation increased significantly in ... estimates so as to take account of several possible complications. ... a firm-level data set (taken from OECD, 2005) was used by one discussant.
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NBER WORKING PAPER SERIES CHINA'S FINANCIAL SYSTEM
We wish to thank Joseph Fan, Randall Morck, our discussant Chenggang Xu and ... NBER working papers are circulated for discussion and comment purposes. ... We discuss issues related to the further development of China's stock market and ... Moreover, the level of non-performing loans (NPLs) over GDP has been.
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China's Growing Role in World Trade
Chinese exchange rate and trade/current account balance. This is ... We thank the discussant Jeffrey Frankel, Shang- Jin Wei, Arthur Kroeber, Xiangming Li, ... See Cheung, Chinn, and Fujii (2007a) for discussion of various issues related to the trans- ..... Recently, the World Bank reported new estimates of China's GDP and.
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Volume 3 (PDF) - Brookings Institution
Jul 31, 2006 ... These comments are reflected in the journal as discussants' .... lying data series helps to clarify a number of issues related to how ... a small share of India's GDP and employment. ... context, China provides a useful model, in its emphasis on exports of ..... The authors estimate the effectiveness and cost of a.
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Public - Unicef
Nov 16, 2006 ... Ratio of government education expenditure to GDP .... research on China's budget system and the financing of services for children, .... in this volume provide an excellent overview of the budgetary issues ... for the detailed comments made at the seminar by the four discussants ..... A related challenge is the.
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Fiscal policy and its implications for monetary and financial stability
The papers presented at the conference and the discussants' comments are released as BIS .... Challenges for fiscal policy during turbulent times ... GDP.3 At the time, Gokhale estimated the Greek government's unfunded pension liabilities at ... Netherlands. China. Other Asia2. 1 The population aged 65 years and over to ...
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Oil and the Macroeconomy in a Changing World - The Federal
The GDP deflator is used to transform the nominal oil price into a real price ... markets like India and China might have accounted for $145 oil in 2008—but .... estimates for 2011, as published in EIA's 2011 Annual Energy Outlook. ..... The discussant for Commissioner Chilton's comments was James Overdahl, a vice pres-.
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Growing, Fast and Slow - Bank of England
Feb 17, 2015 ... Indeed, China creates a new economy the size of Italy every ... its importance to living standards, this debate is one of the key issues of our time. .... Rather remarkably, estimates of global GDP have been constructed back to 1 ...... Nordhaus, W (2015), comments made as discussant in 'The Economics of ...
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Effects of Restrictions on International Permit Trading - IPCC
were examination of the current findings and issues arising from recent ... of a summary report, the full papers and the contribution by discussants. ..... models conclude that, with few exceptions, there would be a loss in GDP in Annex B countries for ..... explored in the paper submitted by Ruqiu Ye of China and the comments.
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PROMOTING SMEs FOR DEVELOPMENT - OECD
Entrepreneurship whose comments have been incorporated into the final version . .... challenges for strengthening their human and institutional capacities to take ... particularly, those related to capacity building in executing institutions, yields ..... contribution of SMEs to employment and GDP is less than that of the informal ...
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Is China on Track to Comply with Its 2020 Copenhagen Carbon
Apr 22, 2014 ... We also benefited from the comments and suggestions from the seminar discussants and participants at Tsinghua University, UC San ... in carbon intensity, defined as CO2 emissions per unit of GDP, by 2020 .... Furthermore, we forecast China's baseline CO2 emissions to ..... Then the related techno-.
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