China’s gross domestic product (GDP) growth has moderated since the second quarter of 2024, owing to subdued domestic demand. The government has responded to the domestic demand slowdown with ...
China’s gross domestic product (GDP) growth has moderated since the second quarter of 2024, owing to subdued domestic demand. The government has responded to the domestic demand slowdown with ...
How redistributive are fiscal policies in China? This paper applies the standard fiscal incidence analysis to data from the China Family Panel Study 2018 to study the effect of government taxes and...
Mongolia’s economy, heavily dependent on mining, has faced significant challenges from recent concurrent shocks, highlighting the urgent need for structural and fiscal reforms. The country’s ...
Mongolia’s economy, heavily dependent on mining, has faced significant challenges from recent concurrent shocks, highlighting the urgent need for structural and fiscal reforms. The country’s ...
More than three years after the first COVID-19 case was discovered in the East Asia and Pacific (EAP) region, it is time to take stock of the lasting effects—and opportunities—of the ...
Economic activity bounced back in Q1 2023 with the removal of mobility restrictions and a surge in spending on services, but growth momentum has slowed since April. GDP expanded by 4.5 percent y/y in...
Economic activity bounced back in Q1 2023 with the removal of mobility restrictions and a surge in spending on services, but growth momentum has slowed since April. GDP expanded by 4.5 percent y/y in...
Activity in China continues to track the ups and downs of the pandemic - outbreaks and growth slowdowns have been followed by uneven recoveries. After a downturn caused by the Coronavirus disease 2019...
Activity in China continues to track the ups and downs of the pandemic - outbreaks and growth slowdowns have been followed by uneven recoveries. After a downturn caused by the Coronavirus disease 2019...
After a strong start in early 2022, the largest COVID-19 wave in two years and resulting mobility restrictions have disrupted China’s growth normalization. The global environment has also significantly ...
2022年初中国经济稳健开局,但此后两年来规模最大的新冠疫情以及相应管控扰乱了经济增长的正常化进程。俄罗斯入侵乌克兰后全球经济环境随之恶化。预计2022年实际GDP增速将大幅放缓至4.3%。在国内国外多重阻力下,中国的政策制定者应当谨慎调整其政策。短期内,中国面临着平衡兼顾疫情控制与经济增长的双重挑战。中期而言,需要付诸更多的努力以避免回到借债投资促进增长的老路上。采取果断行动提高消费在经济增长中的作用,解决社会不平等问题,重振创新和提高生产率,将有助于中国走上更加平衡、包容和可持续的增长道路。
While the distributional impacts of the COVID-19 pandemic have been well-documented in high-income countries, studies in low- and middle-income countries have been relatively rare due to data limitations...
Rural poverty in China fell from 96 percent in 1980 to less than 1 percent of the population in 2019. Using PovcalNet data for China and a set of comparable countries, this paper estimates growth-poverty...
China’s economy will post strong growth in 2021. Assuming the continued suppression of COVID-19 (coronavirus), growth is projected to reach 8.5 percent this year before slowing to 5.4 percent in 2022...
Following a collapse in the first quarter of 2020, economic activity in China has normalized faster than expected, aided by an effective pandemic-control strategy, strong policy support, and resilient...
Following a collapse in the first quarter of 2020, economic activity in China has normalized faster than expected, aided by an effective pandemic-control strategy, strong policy support, and resilient...
COVID-19 has delivered a triple shock to the developing East Asia and Pacific (EAP) region: the pandemic itself, the economic impact of containment measures, and reverberations from the global recession. ...