Research Article

Implications of the Global Financial Crisis for China: A Dynamic CGE Analysis to 2020

Table 4

Fiscal stimulus: assumed government consumption growth rates (%).

20072008200920102011

Australia2.43.64.03.53.0
China11.210.710.010.29.0
Hong Kong3.01.75.04.03.0
Taiwan0.91.112.08.07.0
Japan1.90.86.54.04.0
Korea5.44.26.05.04.0
India7.020.310.05.04.0
US2.12.94.04.03.0
EUa2.21.63.73.12.3
Russia3.42.41.01.03.0

aEuro zone.
Source: World Bank [17].