Adding China to the Global Projection Model

We extend the Global Projection Model (GPM) to include a separate block for China. China plays an important role in shaping global economic outcomes, given its sheer size and trade integration with other key economies, its demand for commodities, and its policies. Also, the Chinese economy has sever...

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Bibliographic Details
Main Author: Blagrave, Patrick
Other Authors: Elliott, Peter, Garcia-Saltos, Roberto, Hostland, Douglas
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Adding China to the Global Projection Model  |c Patrick Blagrave, Peter Elliott, Roberto Garcia-Saltos, Douglas Hostland, Douglas Laxton, Fan Zhang 
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651 4 |a China, People's Republic of 
653 |a Interest rates 
653 |a Inflation 
653 |a Energy: Demand and Supply 
653 |a Oil prices 
653 |a Output gap 
653 |a Financial services 
653 |a Deflation 
653 |a Production 
653 |a Global Outlook 
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653 |a Macroeconomics: Production 
653 |a Price Level 
653 |a Foreign Exchange 
653 |a Banks and Banking 
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653 |a Interest Rates: Determination, Term Structure, and Effects 
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653 |a Exchange rates 
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653 |a Production and Operations Management 
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700 1 |a Garcia-Saltos, Roberto 
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520 |a We extend the Global Projection Model (GPM) to include a separate block for China. China plays an important role in shaping global economic outcomes, given its sheer size and trade integration with other key economies, its demand for commodities, and its policies. Also, the Chinese economy has several unique features which differentiate it from the rest of emerging Asia. These features (the use of multiple monetary-policy instruments and a managed-floating exchange-rate policy) mean that a separate treatment of China allows for a better consideration of China, as well as how the rest of emerging Asia behaves