Credit Booms Is China Different is popular PDF and ePub book, written by Ms.Sally Chen in 2018-01-05, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Credit Booms Is China Different can be Read Online from any device for your convenience.
Credit Booms Is China Different Book PDF Summary
Strong Chinese output growth after the Global Financial Crisis was supported by booming credit. This credit boom carries risks. International experience suggests that China’s credit growth is on a dangerous trajectory, with increasing risks of a disruptive adjustment and/or a marked growth slowdown. Several China-specific factors—high savings, current account surplus, small external debt, and various policy buffers—can help mitigate near-term risks of a disruptive adjustment and buy time to address risks. But, if the risks are left unaddressed, these mitigating factors will likely not eliminate the eventual adjustment, but make the boom larger and last longer. Hence, decisive policy action is needed to deflate the credit boom safely.
Detail Book of Credit Booms Is China Different PDF
- Author : Ms.Sally Chen
- Release : 05 January 2018
- Publisher : International Monetary Fund
- ISBN : 9781484336762
- Genre : Business & Economics
- Total Page : 22 pages
- Language : English
- PDF File Size : 18,5 Mb
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