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China’s Rebalancing: Recent Progress, Prospects and Policies

While China’s growth gathered momentum in 2017, rebalancing was uneven and decelerated along many dimensions reflecting the temporary factors behind the growth pickup. Going forward, rebalancing is expected to proceed as these temporary factors recede, but elevated income inequality and leverage wil...

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Bibliographic Details
Main Author: Mano, Rui
Other Authors: Zhang, Jiayi
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2018
Series:IMF Working Papers
Subjects:
Environmental Economics: General
Wealth
Balance Of Trade
Environmental Economics
Income Distribution
Saving
Environment
Policy Designs And Consistency
Value Of Firms
Debt
Trade Balance
Exports And Imports
Aggregate Factor Income Distribution
International Economics
Environmental Sciences
National Accounts
Private Debt
Consumption; Economics
International Trade
Policy Objectives
Policy Coordination
Capital And Ownership Structure
Goodwill
General Outlook And Conditions
Consumption
Macroeconomics
Macroeconomics: Consumption
Income Inequality
Financial Risk And Risk Management
Empirical Studies Of Trade
Financing Policy
China, People's Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:While China’s growth gathered momentum in 2017, rebalancing was uneven and decelerated along many dimensions reflecting the temporary factors behind the growth pickup. Going forward, rebalancing is expected to proceed as these temporary factors recede, but elevated income inequality and leverage will remain a challenge. The authorities are already pursuing several pro-rebalancing policies which could be expanded to support each dimension of rebalancing while reducing trade-offs between them
Physical Description:17 pages
ISBN:9781484380673

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