The evolving role of China in the global economy / edited by Yin-Wong Cheung and Jakob de Haan.

Format:

Book

Contributor:

Cheung, Yin-Wong.

Haan, Jakob de.

Series:

CESifo seminar series

Language:

English

Subjects (All):

China--Economic policy.

China.

Economic policy.

China--Foreign economic relations.

International economic relations.

Finance--China.

Finance.

Physical Description:

xiv, 457 pages : illustrations ; 24 cm.

Place of Publication:

Cambridge, Mass. : MIT Press, [2013]

Contents:

1 Introduction / Yin-Wong Cheung Cheung, Yin-Wong, Jakob de Haan Haan, Jakob de 1

I China's Exchange Rate Policy

2 United States, China, and the Rebalancing Debate: Misalignment, Elasticities, and the Saving-Investment Balance / Menzie David Chinn Chinn, Menzie David 17

3 The Role of the Chinese Dollar Peg for Macroeconomic Stability in China and the World Economy / Gunther Schnabl Schnabl, Gunther 53

4 Permanent and Transitory Macroeconomic Relationships between China and the Developed World / Yueqing Jia Jia, Yueqing, Tara M. Sinclair Sinclair, Tara M. 83

5 China's External Position: Simulations with a Global Macroeconomic Model / Lukas Vogel Vogel, Lukas 107

II Chinese Savings and Investment

6 How Much Do We Know about China's High Saving Rate? / Guonan Ma Ma, Guonan, Wang Yi Yi, Wang 147

7 Why is China's Saving Rate So High? A Comparative Study of Cross-Country Panel Data / Juann H. Hung Hung, Juann H., Rong Qian Qian, Rong 181

8 If You Try, You'll Get By: Chinese Private Firms' Efficiency Gains from Overcoming Financial Constraints / Galina Hale Hale, Galina, Cheryl Long Long, Cheryl 231

III China's Monetary Policy and Capital Controls

9 Chinese Monetary Policy and the Dollar Peg / J. James Reade Reade, J. James, Ulrich Volz Volz, Ulrich 265

10 Offshore Markets for the Domestic Currency: Monetary and Financial Stability Issues / Dong He He, Dong, Robert N. McCauley McCauley, Robert N. 301

11 Crisis, Capital Controls, and Covered Interest Parity: Evidence from China in Transformation / Jinzhao Chen Chen, Jinzhao 339

IV China's FDI and Quest for Resources

12 China's Outward Direct Investment and Its Oil Quest / Xingwang Qian Qian, Xingwang 375

13 China's Investments in Africa / Yin-Wong Cheung Cheung, Yin-Wong, Jakob de Haan Haan, Jakob de, Xingwang Qian Qian, Xingwang, Shu Yu Yu, Shu 419.

Notes:

Includes bibliographical references and index.

ISBN:

9780262018234

0262018233

OCLC:

782252428