China's Trade, Exchange Rate And Industrial Policy Structure

by John Whalley (Editor)

Overview

This book aims at assessing the potential impacts of China's macro economic, trade, exchange rate and reserve management policies for industrial structure and performance. It uses data analysis and econometric methods applied to recent Chinese data. It has a special focus on the performance of the Chinese economy both during and after the 2008 global financial crisis. The book will be of interest to researchers and practitioners in governmental and international agencies both in China and outside of the country.

Product Details

ISBN-13:	9789814401876
Publisher:	World Scientific Publishing Company, Incorporated
Publication date:	06/10/2013
Series:	The Tricontinental Series On Global Economic Issues , #2
Pages:	364
Product dimensions:	6.10(w) x 9.10(h) x 0.90(d)

Table of Contents

Part I Overview of Papers and Introduction 1

Introduction John Whalley 3

Chapter 1 The Impacts of the 2008 Financial Crisis on China John Whalley 11

Chapter 2 How Can the G20 Better Support Global Governance? A Chinese Perspective Yuyan Zhang Huifang Tian 27

Part II Macroeconomic Policies 61

Chapter 3 The Chinese Savings Rate: Causes and Implications for Imbalances Yueszhou Cai Tongsan Wang 63

Chapter 4 Labour Market Reform, Income Inequality and Economic Growth in China Ming Lu Hong Gao 87

Chapter 5 Institutional Constraints, Identity and Household Consumption Heterogeneity in China Binkai Chen Ming Lit Ninghua Zhong 121

Part III China's Trade 149

Chapter 6 What Accounts for China's Export Market Performance During the Financial Crisis? Ma Tao Zhang Lin 151

Chapter 7 The Global Financial Crisis and China's Trade in Services: Impacts and Trade Policy Responses Ying Fan 171

Chapter 8 How Much Did China's Exports Drop During the 2008-2009 Financial Crisis? Ran Jing 193

Part IV Exchange Rate Policy and Reserve Management 215

Chapter 9 Employment versus Wage Adjustment and Revaluation of RMB Risheng Mao 217

Chapter 10 China's Sovereign Wealth Fund as Foreign Reserve Manager: Pre- and Post-Crisis Yiwen Fei Xichi Xu 241

Part V Industrial Structure and Performance 271

Chapter 11 On Industrial Performance During the Global Recession Lingyun Gao Qingyi Su 273

Chapter 12 Post-Crisis Infrastructure Investment and Economic Growth in China Shaoqing Huang Hao Shi Weimin Zhou 293

Chapter 13 The Effects of China's Stimulus Policies and Their Transmission Channels Zhang Tao Wang Wenfu 315

Index 355