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Searching with a thematic focus on Finance policy in China
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The Asian drivers: financial flows into and out of Asia, and implications for developing countries
Asian Drivers Programme, Institute of Development Studies, 2005This paper explores the current and potential future impact of Asia's financial flows for the rest of the world. The paper draws out the main types of financial flows to and from Asia, and points out their financial and macroeconomic implications for developing countries. In addition, the authors make suggestions for potential of future research.DocumentChina's FDI and non-FDI economies and the sustainability of future High Chinese growth
National Bureau of Economic Research, USA, 2006This paper presents assesses of the contribution of inward FDI to China’s recent rapid economic growth using a two stage growth accounting approach.Recent econometric literature focuses on testing whether Chinese growth depends on inward FDI rather than measuring the contribution.DocumentHong Kong Special Administrative Region: macroeconomic impact of an aging population in a highly open economy
International Monetary Fund Working Papers, 2006This paper argues that if policies are left unchanged, population ageing could adversely affect growth and living standards in Hong Kong. While higher labour productivity growth and increased migration of younger skilled workers from the Chinese mainland, would attenuate the economic impact of ageing, they would not offset it fully.DocumentNeither a borrower nor a lender: does China's zero net foreign asset position make economic sense?
Policy Research Working Papers, World Bank, 2005China in the past few years has emerged as a net foreign creditor on the international scene with net foreign assets slightly greater than zero percent of wealth. This paper starts from the fact that this is surprising given that China is a relatively poor country with a capital-labour ratio about one-fifth the world average and one-tenth the U.S. level.DocumentChina's fiscal system: a work in progress
International Studies Programmme, Georgia State University, 2005This paper argues that unless China begins to tackle more systematically the serious problems that have emerged in the finances of its various systems of sub-national government, the problems caused by the current unsatisfactory system will increasingly distort resource allocation, increase distributional tensions and slow down the growth of the Chinese economy.The paper:discusses the sDocumentCuba's economic future: the search for models
Canadian Foundation for the Americas, 2005This paper considers the inevitable shift of Cuba from a Marxist to a market-oriented economy.DocumentDomestic money transfer services for migrant workers in China
Microfinance Gateway, CGAP, 2005This document is the executive summary of a study which aims to understand the demand for and supply of the remittance services for migrant workers in China in order to recommend ways to improve the remittance services, with the ultimate goal of contributing to the improvement of the income and welfare of migrant workers and their families and to promote the overall income growth and equity in ChiDocumentFiscal decentralisation and economic growth: a comparative study of China and India
International Studies Programmme, Georgia State University, 2005There are some obvious differences in the political systems of India and China, but there are also similarities in their approaches to decentralisation, such as poor service delivery and the lack of fiscal discipline that threaten the ability of both countries to sustain high rates of economic growth.DocumentChina's ownership transformation: processes, outcomes, prospects
International Finance Corporation, 2005This study sheds new light on the progress that China has made in enterprise restructuring and privatisation, known as Gaizhi, a Chinese term meaning “transforming the system,”. It also focuses on the challenges that enterprises, investors, and governments are facing in the process.DocumentEnvironmental policy and the location of foreign direct investment in China
China Center for Economic Research, Beijing, 2005Since the inception of market orientated reforms in 1978, China has emerged as a major recipient of Foreign Direct Investment (FDI). Recent studies suggest that environmental regulations are an important factor in an investor’s choice of location. This is in accordance with the ‘pollution haven hypothesis’, which states that firms will set up in regions with relaxed environmental standards.Pages
