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Publications (16)
– Impacts, Prospects and Implications
The rise of China and India is rapidly reshaping the world economy, with far-reaching implication for every national and regional government, business community, and individual citizen. Arising from the UNU-WIDER research project 'Southern Engines of Global growth', this volume explores the...
Policy Brief
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– China, India, Brazil and South Africa
This Policy Brief focuses on links between the developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China’s spectacular growth on developing economies and the rest of the world. The issues considered include changing...
China, India, Brazil, and South Africa are reshaping the world economy. These Southern Engines countries have experienced a dramatic transformation in their productive and trade capabilities, consequently turning into global super powers. The current age of globalization, in which the Southern...
Book Chapter
– Trajectories and Evolving Institutions
From the book:
Southern Engines of Global Growth
Book Chapter
– What Lessons Have Been Learnt since the East Asian Crisis in 1997/98?
From the book:
Southern Engines of Global Growth
Working Paper
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– Evidence from China and India
This paper examines the country specific effect of policy reform on infrastructure spending in China and India. In China we have examined how marketization and decentralization has affected the composition of provincial public expenditure and in the case of India we have examined the impact of...
Working Paper
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Static and dynamic gains from trade are the reasons why countries embark on the path of free trade, expecting this to promote industrialization and development. There is nothing, however, in the conventional theory of international trade that guarantees that these gains will materialize and even if...
Working Paper
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– The Case of Brazil and the Czech Republic
The bulk of recent literature on foreign exchange interventions has overlooked the potential interdependencies that may exist between these operations and the conduct of monetary policy. This is the case even under inflation targeting and especially in emerging-market economies, because central...
Working Paper
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– CIBS, Capital Flows, and Exchange Rates
This paper discusses the movement of capital flows to and from the exchange rate regimes and monetary policies of China, India, Brazil, and South Africa (CIBS). Furthermore, we compare the level of financial stability, and the composition and duration of capital flows of the countries on a policy...
Working Paper
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– A Non-Parametric Approach
Since China joined the WTO in 2001, the pressure for bank reforms has mounted as China ought to fully open up its financial market to foreign competition by 2006. Efficiency is key for domestic banks to survive in a liberalised environment, but it appears that the last hope for raising bank...
Working Paper
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– Trajectories and Evolving Institutions
This paper investigates the institutional reason underlying the change in the trajectory of economic growth in post-reform China, and argues that the trajectory of growth was much more normal during the period of 1978-89 than in the post-1989 era. In the former period, growth was largely induced by...
Working Paper
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– Implications for Growth and Inequality
China’s current fiscal system is largely decentralized while its governance structure is rather centralized with strong top-down mandates and a homogenous governance structure. Due to large differences in initial economic structures and revenue bases, the implicit tax rate and fiscal burdens to...
Working Paper
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– China, 1978-98
Using China as a test case, this paper empirically investigates how the development of financial intermediation affects rural-urban income disparity (RUID). Using 20-year province level panel data, we find that the level of financial development is positively correlated with RUID. Examining two...
Working Paper
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– a CGE Analysis
Using a CGE model, PRCGEM, with an updated 2002 I/O table, this paper explores how earnings will be affected in each of 40 separate industries across 31 regions (or 8 regional blocks) of China for the period 2002–07. Labour movement between regions within China is considered. It is found that the...
Working Paper
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This study presents a comprehensive picture of poverty changes in China in the period of 1978-95. Using two micro-data sets from Household Income Surveys of 1988 and 1995, the author examines poverty distribution among various localities and population sub-groups. The results show that poverty has...
Displaying 16 of 16 results