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dc.contributor.authorTimini, Jacopo
dc.coverage.spatialChina
dc.date.accessioned2019-08-14T07:41:45Z
dc.date.available2019-08-14T07:41:45Z
dc.date.issued2017-10-05
dc.identifier.urihttps://repositorio.bde.es/handle/123456789/8914
dc.descriptionArtículo de revista
dc.description.abstractChina’s economic success in recent decades has been associated with a distinctive, highly investment dependent, pattern of growth, which has led to a high level of non-financial private sector debt. The Chinese authorities, recognising that this model has reached its limits, have made “rebalancing” the pattern of growth one of their key economic policy objectives. One feature of this rebalancing is that of promoting an orderly deleveraging process to avoid a sharp adjustment of the economy. In this context, this article discusses the challenges being faced by the Chinese authorities as they seek to reduce non-financial sector debt levels and mitigate the risks associated with the excessive growth of the financial system, and of the shadow banking sector in particular
dc.language.isoeng
dc.relation.ispartofEconomic bulletin / Banco de España. Analytical articles
dc.relation.ispartofEconomic bulletin / Banco de España , n. 4, 2017, 9 p
dc.relation.hasversionVersión en español 123456789/8293
dc.rightsReconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
dc.rightsIn Copyright - Non Commercial Use Permitted
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES
dc.rights.urihttp://rightsstatements.org/vocab/InC-NC/1.0/
dc.subjectEconomía internacional
dc.subjectAnálisis financiero
dc.titleChina's economic imbalances and the role of the financial sector
dc.typeArtículo
dc.identifier.bdebib000361431
dc.identifier.bdepubECBU-2017-4B-art29
dc.subject.bdeEvolución económica y política económica
dc.subject.bdeSistema monetario y financiero : situación y análisis
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