Spillovers from China : Financial Channels /

Although China's much-needed transition to a new growth path is proceeding broadly as expected, the transition is still fraught with uncertainty, including regarding the Chinese authorities' ability to achieve a smooth rebalancing of growth and the extent of the attendant slowdown in activ...

Full description

Bibliographic Details
Main Author: Mwase, Nkunde
Other Authors: N'Diaye, Papa, Oura, Hiroko, Ricka, Franto
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:Spillover Notes; Spillover Notes ; No. 2016/005
Online Access:Full text available on IMF
Description
Summary:Although China's much-needed transition to a new growth path is proceeding broadly as expected, the transition is still fraught with uncertainty, including regarding the Chinese authorities' ability to achieve a smooth rebalancing of growth and the extent of the attendant slowdown in activity. Thus, in the short run, the transition process is likely to entail significant spillovers through trade and commodities, and possibly financial channels. This note sheds some light on the size and nature of financial spillovers from China by looking at the impact of developments in China on global financial markets, with a particular emphasis on differentiation across asset classes and markets. The note shows that economic and financial developments in China have a significant impact on global financial markets, but these effects reflect primarily the central role the country plays in goods trade and commodity markets, rather than China's financial integration in global markets and the direct financial linkages it has with other countries.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (22 pages)
Format:Mode of access: Internet
ISSN:2522-7890
Access:Electronic access restricted to authorized BRAC University faculty, staff and students