Publications on Sovereign currency regimes
There is 1 publication for Sovereign currency regimes.
One-Pager No. 44 | December 2013
Reorienting Fiscal Policy to Reduce Financial FragilitySince adopting a policy of gradually opening its economy more than three decades ago, China has enjoyed rapid economic growth and rising living standards for much of its population. While some argue that China might fall into the middle-income “trap,” they are underestimating the country’s ability to continue to grow at a rapid pace. It is likely that China’s growth will eventually slow, but the nation will continue on its path to join the developed high-income group—so long as the central government recognizes and uses the policy space available to it.Download:Associated Program:Author(s):