Re-balancing China: Linking Internal and External Reforms

Linda Yueh

Asian Economic Papers, 2011, vol. 10, issue 2, 87-111

Abstract: The re-balancing of the Chinese economy requires the linking of internal and external sector reforms. The shift toward greater domestic demand necessitates a series of measures, including the adjustment of interest rates and the exchange rate. A more balanced Chinese economy would generate more sustainable growth, particularly as global macroeconomic imbalances fall from their pre-crisis peak. © 2011 The Earth Institute at Columbia University and the Massachusetts Institute of Technology.

Date: 2011
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