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The Future of China's Bond Market

This book analyzes segments of China's bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market.

The Future of China's Bond Market

This book analyzes segments of China's bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market.

Demographics and Interest Rates in Asia

Demographics and Interest Rates in Asia »

Volume/Issue: 2018/172

Series: IMF Working Papers

Author(s): Serkan Arslanalp , Jaewoo Lee , and Umang Rawat

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2018

DOI: http://dx.doi.org/10.5089/9781484370308.001

ISBN: 9781484370308

Keywords: demographics, interest rates, capital account openness

Demographic developments have been regarded as one important cause of the long-term movement in global interest rates. This paper provides empirical evidence of the relationship between demographics and interest ra...

China's Economy in Transition
			: From External to Internal Rebalancing

China's Economy in Transition : From External to Internal Rebalancing »

Series: Books

Author(s): Anoop Singh , Malhar Nabar , and Papa N'Diaye

Publisher: China Financial Economic Publishing House

Publication Date: 19 March 2018

Language: Chinese

DOI: http://dx.doi.org/10.5089/9787509572153.071

ISBN: 9787509572153

Keywords: Asia, current account, real interest rate, financial reform, real estate, current account surplus

China's current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in China's external imbalance, it has not been accompanied by...

The Changing Role of the State in the Economy
			: A Historical Perspective

The Changing Role of the State in the Economy : A Historical Perspective »

Volume/Issue: 1997/114

Series: IMF Working Papers

Author(s): Vito Tanzi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

DOI: http://dx.doi.org/10.5089/9781451943450.001

ISBN: 9781451943450

Keywords: public sector, industrial countries, public spending, public finance, public interest

This paper discusses the role of the state from a historical perspective. It outlines how that role has changed over the past hundred years and discusses the forces that have promoted the changes. In the period bet...