Abstract
China's effectiveness in rapidly solving the health crisis caused by the COVID-19 and in minimizing its economic impact is deeply rooted in the structural features of its development model, in which State-owned enterprises remain crucial. The present article argues that a strong public presence within the banking and the industrial sectors has provided Chinese policymakers with the opportunity to quickly reactivate domestic production and, potentially, to maximise the effectiveness of the recently launched fiscal and monetary stimuli.
Translated title of the contribution | The role of state-owned enterprises in china's fight against the coronavirus disease |
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Original language | Italian |
Pages (from-to) | 111-139 |
Number of pages | 29 |
Journal | Moneta e Credito |
Volume | 73 |
Issue number | 290 |
DOIs | |
Publication status | Published - 2020 |
Externally published | Yes |
Keywords
- COVID economic impact
- China
- State-owned enterprises