| China＇s ApprOach to Rebalancing： A Conceptual and Policy Framework |
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| 作者姓名： | Luke Deer Ligang Song |
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| 作者单位： | [1]Research Associate, China Economy Program, Crawford School of Economics and Government, Australian National University, Canberra, and the Department of Government and International Relations, The University of Sydney, Sydney, Australia [2]Senior Fellow, Crawford School of Economics and Government, Australian National University, Canberra, Australia. |
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| 基金项目： | Ligang Song （corresponding author）, Senior Fellow, Crawford School of Economics and Government, Australian National University, Canberra, Australia. Email： Ligang.Song@anu.edu.au.The authors wish to thank Huw McKay for help with the data in this article. |
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| 摘 要： | This article seeks to develop a conceptual and policy framework for understanding China’s role in the global economic imbalances.China’s contribution to these imbalances via recurrent trade and financial surpluses corresponds with a phase of deepening structural risks to China s economic growth and development.These structural challenges include:the composition of growth resulting from China’s dynamic internal transformation,China’s trade orientation,the trajectory of resource use and Commissions,welfare problems relating to distribution and international constraints.This article develops a conceptual framework for examining the relationship between the processes of long-run structural transformation in China,its economic imbalances,and the role of institutional reform in dealing with these structural challenges.As such,economic policy should extend beyond short-term macro management to pursue an institutional reform agenda to facilitate broader structural change to mitigate constraints to future growth and to improve economic welfare.
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| 关 键 词： | China economic imbalances economic policy institutional reform structural change |
China＇s ApprOach to Rebalancing： A Conceptual and Policy Framework |
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| Luke Deer,Ligang Song.China＇s ApprOach to Rebalancing： A Conceptual and Policy Framework[J].China & World Economy,2012(1):1-26. |
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| Authors: | China ＆ World Economy |
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| Institution: | School of Economics and Government,Australian National University,Canberra,and the Department of Government and International Relations,The University of Sydney,Sydney,Australia. Ligang Song,Senior Fellow,Crawford School of Economics and Government, Australian National University,Canberra,Australia. |
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| Abstract: | |
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| Keywords: | China economic imbalances economic policy institutional reform structural change |
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