 | Resolving China's Zombies: Tackling Debt and Raising Productivity Author/Editor: W Raphael Lam, Alfred Schipke, Yuyan Tan, Zhibo Tan. Release Date:November, 2017 Nonviable “zombie” firms have become a key concern in China. Using novel firm-level industrial
survey data, this paper illustrates the central role of zombies and their strong linkages with more...
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| Capital Inflows, Credit Growth, and Financial Systems Author/Editor: Deniz Igan, Zhibo Tan. Release Date:August, 2015 Exploiting a granular panel dataset that breaks down capital inflows into FDI, portfolio
and other categories, and distinguishes between credit to the household sector and to more...
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