|
|
|
|
LEADER |
01787cas a2200253 a 4500 |
001 |
AALejournalIMF018179 |
008 |
230101c9999 xx r poo 0 0eng d |
020 |
|
|
|c 5.00 USD
|
020 |
|
|
|z 9781484336762
|
022 |
|
|
|a 1018-5941
|
040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
100 |
1 |
|
|a Chen, Sally.
|
245 |
1 |
0 |
|a Credit Booms-Is China Different? /
|c Sally Chen, Joong Kang.
|
264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2018.
|
300 |
|
|
|a 1 online resource (22 pages)
|
490 |
1 |
|
|a IMF Working Papers
|
500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
520 |
3 |
|
|a Strong Chinese output growth after the Global Financial Crisis was supported by booming credit. This credit boom carries risks. International experience suggests that China's credit growth is on a dangerous trajectory, with increasing risks of a disruptive adjustment and/or a marked growth slowdown. Several China-specific factors-high savings, current account surplus, small external debt, and various policy buffers-can help mitigate near-term risks of a disruptive adjustment and buy time to address risks. But, if the risks are left unaddressed, these mitigating factors will likely not eliminate the eventual adjustment, but make the boom larger and last longer. Hence, decisive policy action is needed to deflate the credit boom safely.
|
538 |
|
|
|a Mode of access: Internet
|
700 |
1 |
|
|a Kang, Joong.
|
830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2018/002
|
856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2018/002/001.2018.issue-002-en.xml
|z IMF e-Library
|