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China.

Consumption in China is unusually low and has continued to decline as a share of GDP over the past decade. A key policy question is how to reverse this trend, and rebalance growth away from reliance on exports and investment and toward consumption. This paper investigates whether the sizable increas...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Barnett, Steven
Otros Autores: Brooks, Ray
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2010.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:Consumption in China is unusually low and has continued to decline as a share of GDP over the past decade. A key policy question is how to reverse this trend, and rebalance growth away from reliance on exports and investment and toward consumption. This paper investigates whether the sizable increase in government social spending in recent years lowered precautionary saving and increased consumption. The main findings are that spending on health, but not education, had an impact on household behavior. The impact, moreover, is large. A one yuan increase in government health spending is associat.
Descripción Física:1 online resource (15 pages)
ISBN:9781452751061
1452751064