|
|
|
|
|
|
Author/Editor:
|
Ahuja, Ashvin ; Nabar, Malhar
|
|
|
|
|
|
Publication Date:
|
November 06, 2012
|
|
|
|
Electronic Access:
|
Free Full text
(PDF file size is 1,087KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
|
|
|
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
|
|
|
|
|
Summary:
Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers from an investment slowdown in China. It finds that a one percentage point slowdown in investment in China is associated with a reduction of global growth of just under one-tenth of a percentage point. The impact is about five times larger than in 2002. Regional supply chain economies and commodity exporters with relatively less diversified economies are most vulnerable to an investment slowdown in China. The spillover effects also register strongly across a range of macroeconomic, trade, and financial variables among G20 trading partners.
|
|
|
|
Order a print copy
|
|
|
|
|
|
Series:
|
Working Paper No. 12/267
|
|
|
|
|
|
Subject(s):
|
Investment | China | Exports | Commodities | External shocks | Spillovers
|
|
|
|
|
|
|
|
|
|
|
|
English
|
|
|
|
|
|
|
Publication Date:
|
November 06, 2012
|
|
|
|
|
ISBN/ISSN:
|
9781475556414/2227-8885
|
|
Format:
|
Paper
|
|
Stock No:
|
WPIEA2012267
|
|
Pages:
|
23
|
|
Price:
|
|
|
|
US$18.00 )
|
|
|
|
|
|
|
|
|
Please address any questions about this title to
publications@imf.org
|
|
|
