China : Recent Economic Developments.

This paper reviews macroeconomic developments in China in 1994 and 1995, in particular the progress achieved during these years in 'cooling' the economy following the intense overheating that originated in an investment boom in 1992. During 1994, efforts were intensified to achieve macroec...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/040
Online Access:Full text available on IMF
Description
Summary:This paper reviews macroeconomic developments in China in 1994 and 1995, in particular the progress achieved during these years in 'cooling' the economy following the intense overheating that originated in an investment boom in 1992. During 1994, efforts were intensified to achieve macroeconomic stability, with some initial headway being made in slowing the pace of economic activity. In 1995, demand and output further moderated toward more sustainable rates, with inflation declining steadily from the record high levels of 1994 to single-digit levels by end-1995.
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Physical Description:1 online resource (108 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students