Adding China to the global projection model /

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Bibliographic Details
Imprint:[Washington, D.C.] : International Monetary Fund, ©2013.
Description:1 online resource (33 pages).
Language:English
Series:IMF working paper ; WP/13/256
IMF working paper ; WP/13/256.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12502419
Hidden Bibliographic Details
Other authors / contributors:Blagrave, Patrick, author.
International Monetary Fund. Research Department, issuing body.
ISBN:9781484317631
1484317637
9781484318355
1484318358
Notes:At head of title: Research Department.
"October 2013."
Includes bibliographical references.
Online resource; title from pdf title page (IMF.org Web site, viewed Jan. 16, 2014).
Summary:"We extend the Global Projection Model (GPM) to include a separate block for China. China plays an important role in shaping global economic outcomes, given its sheer size and trade integration with other key economies, its demand for commodities, and its policies. Also, the Chinese economy has several unique features which differentiate it from the rest of emerging Asia. These features (the use of multiple monetary-policy instruments and a managed-floating exchange-rate policy) mean that a separate treatment of China allows for a better consideration of China, as well as how the rest of emerging Asia behaves"--Abstract.