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There have been few comprehensive assessments of what research has learned about China’s emergence as a global power, the importance of China in driving commodity prices, the effects of the demand shock in China on Asia’s inflation, and the economic influence of China on regional economies. The theory that I shall seek to elaborate here puts considerable emphasis on China’s macroeconomic financial stability, the impacts of capital account controls in China, and the increasing impact of China on world commodity prices. JEL codes: E31, P24, P44 Keywords: China, inflation, dynamics, monetary policy, financial stability
Journal of Self-Governance and Management Economics – Addleton Academic Publishers
Published: Jan 1, 2013
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