The global economic impacts of trade and financial reform in China

dc.contributor.authorTang, Kam-Ki
dc.contributor.authorMcKibbin, Warwick
dc.date.accessioned2002-02-11en_US
dc.date.accessioned2004-05-19T08:27:36Zen_US
dc.date.accessioned2011-01-05T08:36:39Z
dc.date.available2004-05-19T08:27:36Zen_US
dc.date.available2011-01-05T08:36:39Z
dc.date.created1998en_US
dc.date.issued1998en_US
dc.description.abstractDespite the setbacks from the recent Asian currency crisis, the ascendancy of Asia as an economic centre of world economic centre of world economic activity is likely to continue into the 21st century. A key issue that will shape the role of Asia, and indeed the shape of the world economy in the 21st century, is the economic development of China. To date China has successfully weathered the currency storm in Asia and continues on a program of economics reform. If anything, the problems of Japan and Korea provide powerful lessons for other countries undergoing rapid economic growth and structural change. These lessons include the importance of well developed financial sector with lending and investment decisions based on market signals rather than government directives. Whether China can further integrate smoothly into global markets and sustain the fast growth of the last few decades will be a crucial development in the world economy. In this paper, we explore the impacts of continued Chinese economic reform with a focus on the role of international financial flows both in the adjustment within China as well as in the transmission of Chinese reforms to the rest of the world.en_US
dc.format.extent316842 bytesen_US
dc.format.mimetypeapplication/pdfen_US
dc.identifier.urihttp://hdl.handle.net/1885/40402en_US
dc.identifier.urihttp://digitalcollections.anu.edu.au/handle/1885/40402
dc.language.isoen_AUen_US
dc.subjectglobal economic impacten_US
dc.subjecttrade and financial reform in Chinaen_US
dc.subjectAsian currency crisisen_US
dc.subjectChinese economicsen_US
dc.subjectinternational financial flowsen_US
dc.titleThe global economic impacts of trade and financial reform in Chinaen_US
dc.typeWorking/Technical Paperen_US
local.description.refereednoen_US
local.identifier.citationyear1998en_US
local.identifier.eprintid214en_US
local.rights.ispublishedyesen_US

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