1.

Record Nr.

UNINA9910779591303321

Autore

Ahuja Ashvin

Titolo

Investment-Led Growth in China : : Global Spillovers / / Ashvin Ahuja, Malhar Nabar

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4755-2800-0

1-4755-1505-7

1-283-94763-3

Descrizione fisica

1 online resource (25 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/12/267

Altri autori (Persone)

NabarMalhar

Soggetti

Investments - China

Economic development - China

Investments: Commodities

Exports and Imports

Industries: General

Industries: Manufacturing

Investment

Capital

Intangible Capital

Capacity

Globalization: Macroeconomic Impacts

Comparative Studies of Countries

Trade: General

Industry Studies: Manufacturing: General

Macroeconomics: Production

Commodity Markets

International economics

Manufacturing industries

Investment & securities

Exports

Imports

Manufacturing

Industrial production

Commodities

International trade

Economic sectors

Production



Industries

Commercial products

China, People's Republic of

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

At head of title: Asia and Pacific Department -- verso of t.p.

"November 2012" -- verso of t.p.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. A Growth Model Increasingly Dependent on Investment; II. Assessing Exposures to Investment-Led Growth in China; III. Effects of An Investment Slowdown in China; IV. Implications of a Hand-off to Consumption; V. Effects of an Investment Slowdown on G20 Macro Indicators; VI. Summary; References; Appendix A; Appendix B

Sommario/riassunto

Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers from an investment slowdown in China. It finds that a one percentage point slowdown in investment in China is associated with a reduction of global growth of just under one-tenth of a percentage point. The impact is about five times larger than in 2002. Regional supply chain economies and commodity exporters with relatively less diversified economies are most vulnerable to an investment slowdown in China. The spillover effects also register strongly across a range of macroeconomic, trade, and financial variables among G20 trading partners.