Alternative scenario : What if China’s economic growth were to slow substantially?
JulkaisusarjaBank of Finland. Bulletin
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201802161227
This review examines two scenarios that allow a brief analysis of how a rapid but controlled restructuring of China’s economy and a sudden halt of debt-driven growth would impact the Chinese and euro area economies. These estimates suggest that even a strong deceleration in China’s growth would not considerably dampen euro area growth. If confidence were to suffer globally, however, euro area growth would slow considerably more than estimated.