1.

Record Nr.

UNINA9910155014303321

Autore

Dizioli Allan

Titolo

Spillovers from the Maturing of China’s Economy / / Allan Dizioli, Benjamin Hunt, Wojciech Maliszewski

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2016

ISBN

1-4755-5443-5

1-4755-5447-8

Descrizione fisica

1 online resource (32 pages) : illustrations

Collana

IMF Working Papers

Altri autori (Persone)

HuntBenjamin

MaliszewskiWojciech

Disciplina

330.951

Soggetti

Business cycles - China

Exports and Imports

Macroeconomics

Public Finance

Money and Interest Rates: Forecasting and Simulation

Open Economy Macroeconomics

International Business Cycles

Globalization: Macroeconomic Impacts

One, Two, and Multisector Growth Models

National Government Expenditures and Related Policies: Infrastructures

Other Public Investment and Capital Stock

Commodity Markets

Trade: General

Externalities

Public finance & taxation

International economics

Public investment spending

Commodity prices

Public investment and public-private partnerships (PPP)

Exports

Spillovers

Expenditure

Prices

International trade

Financial sector policy and analysis

Public investments

Public-private sector cooperation

International finance



China Economic conditions

China, People's Republic of

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

China’s transition to a new growth model continues and the impact has been felt across the globe. Several trends contribute to the ‘maturing’ of China’s economy: i) structural slowing on the convergence path; ii) on-shoring deepening; and iii) demand rebalancing from investment towards consumption. In the short term, financial stress may lead to a cyclical slowdown. This paper discusses and quantifies spillovers to the global economy from these different developments. The analysis is undertaken using the APDMOD and G20MOD, both modules of the IMF’s Flexible System of Global Models. For plausible values of these developments, the overall impact on the global economy is not large. However, the impact on China’s closest trading partners and commodity exporters can be notable.