01558cas a2200241 a 4500 AALejournalIMF000467 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451855678 1018-5941 BD-DhAAL BD-DhAAL Oppers, S. Macroeconomic Cycles in China / S. Oppers. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper investigates the macroeconomic cycles China has experienced since the onset of reform in the late 1970s. It finds that the recurrent inflationary episodes that characterize the cycles are associated primarily with surges in the main components of aggregate demand. The most recent cycle stands out in achieving for the first time a reduction in inflation without a major slowdown in growth. The soft landing was facilitated by a number of factors, including increases in capacity as a result of the surge in investment spending early on in the cycle. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1997/135 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/135/001.1997.issue-135-en.xml IMF e-Library