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Book Cover
E-book
Author Khor, Hoe Ee, author.

Title China : macroeconomic cycles in the 1980s / prepared by Hoe Ee Khor
Published [Washington, D.C.?] : International Monetary Fund, Asian Department, 1991

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Description 1 online resource (iii, 27 pages) : illustrations
Series IMF working paper ; WP/91/85
IMF working paper ; WP/91/85.
Summary This paper explores the links between reforms, macroeconomic management and the occurrence of macroeconomic instability in China during the last decade, drawing upon previous analytical work and also employing the Granger causality test. It is concluded that the cycles did not originate with the reforms; rather their characteristics were modified by structural changes in the economy. It is further argued that the incompleteness of reforms (which renders macroeconomic management difficult) had the effect of exacerbating the cycles by increasing their amplitude and frequency. Finally, results from the Granger tests suggest that broad money would be a good intermediate target for monetary policy
Bibliography Includes bibliographical references (pages 26-27)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
English
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Business cycles -- China -- Statistics
Business cycles.
Economic history.
SUBJECT China -- Economic conditions -- 1976-2000 -- Statistics
Subject China.
Genre/Form Statistics.
Form Electronic book
Author International Monetary Fund. Asian Department, issuing body.
ISBN 1455295809
9781455295807
1462303552
9781462303557