01896cas a2200253 a 4500 AALejournalIMF015260 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513504643 1018-5941 BD-DhAAL BD-DhAAL Maliszewski, Wojciech. China's Growth : Can Goldilocks Outgrow Bears? / Wojciech Maliszewski, Longmei Zhang. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (31 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 The paper analyzes the recent growth dynamics in China, evaluating both cyclical positions and long-term growth prospects. The analysis shows that financial cycles play a more important role than traditional inflation-based cycles in shaping the dynamics of growth. Currently, the 'finance-neutral' gap-our measure of the financial cycle-is large and positive, reflecting imbalances accumulated in the economy since the Global Financial Crisis. A period of slower growth is therefore both likely and needed in the near term to restore the economy to equilibrium. In the medium term, growth will slow as China moves closer to the technology frontier, but a steadfast implementation of reforms can ensure that China follows the path of the 'Asia Tigers' and achieves successful convergence to high-income status. Mode of access: Internet Zhang, Longmei. IMF Working Papers; Working Paper ; No. 2015/113 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/113/001.2015.issue-113-en.xml IMF e-Library