cam a22 4500 477040020 CHVBK 20201023134748.0 170302s2013 xxu||||| |||| 00 |eng d 1-4843-0393-8 978-1-4843-0393-1 (RERO)R008606811 YDXCP BTCTA DJB DLC RERO geheid HF1416.6.C6 C473 2013 s1se rero China's economy in transition from external to internal rebalancing editors, Anoop Singh, Malhar Nabar, and Papa N'Diaye Washington, D.C. International Monetary Fund 2013 xi, 279 pages ill. 23 cm txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index China's current account surplus has declined to around a quarter of its pre-crisis peak. While this is a major reduction in China's external imbalance, it has not been accompanied by a decisive shift toward consumption based growth. Instead, the compression in the external surplus has been accomplished through fixed investment rising even higher as a share of the national economy. The heavy reliance on investment raises questions about how durable the compression in the external surplus will be and whether the current growth model, which has had unprecedented success in lifting about 500 million people out of poverty over the last three decades, is sustainable. This volume looks at various aspects of the rebalancing under way in China and highlights policy lessons for achieving a stable, sustainable, and inclusive transformation of the growth model Exports China China Economic conditions Nabar Malhar (RERO)A026866960 N'Diaye Papa (RERO)A026866961 Singh Anoop (RERO)A005619697 Fonds monétaire international (IDREF)028535219 BK020000 XK020000 XK020000 Metadata rights reserved rero RERO RE61087 RE61087 RE610870002 338(51) HEIA 117043 RERO 700 1- Nabar Malhar (RERO)A026866960 RERO 700 1- N'Diaye Papa (RERO)A026866961 RERO 700 1- Singh Anoop (RERO)A005619697 RERO 710 2- Fonds monétaire international (IDREF)028535219