China : weathering the storm and learning the lessons.

Bibliography: p. 105-106.

Machine derived contents note: Contents -- Abstract v -- Acknowledgments vi -- Executive Summary 1 -- Part I How China Is Weathering The Storm 11 -- Chapter I The Storm Clouds Emerge: Macroeconomic -- Developments and Policy Response 12 -- Macroeconomic Trends 12 -- The Authorities Respond: The 1998 Macroeconomic Policy Package 17 -- The Economy Responds: Macroeconomic Trends in 1998 19 -- Challenges for the Future 23 -- Notes 23 -- Chapter 2 Reforming China's Enterprise and Financial Sectors 25 -- Weaknesses in the Enterprise and Financial Sectors 26 -- Performance and Reform of the Enterprise Sector 27 -- Reform of the Financial Sector 32 -- Public Investment Program 33 -- Notes 36 -- Chapter 3 Challenges of Labor and Social Protection -- Magnified by Macroeconomic Shocks 38 -- Labor Markets 38 -- External Shocks and the Terms of Trade 39 -- Public Spending and Fiscal Tradeoffs 41 -- Public Investment Program 43 -- Notes 43 -- Part 2 Building On Lessons Learned 45 -- Chapter 4 Developing a Macroeconomic Policy That Reflects -- External and Internal Uncertainties 46 -- Uncertainties Facing China in 1999 and 2000 46 -- Managing the Macroeconomic Policy Mix 49 -- Notes 51 -- Chapter 5 Developing a Pro-growth Strategy for the -- Enterprise and Financial Sectors 53 -- Transforming the Enterprise Sector 53 -- Reforming the Financial System 55 -- Limiting the Strain on Enterprises 58 -- Note 59 -- Chapter 6 Tackling the Social Agenda 60 -- Maintaining Employment 60 -- Supporting Consumption and Social Protection through Public -- Spending Choices 65 -- Monitoring the Evolving Social Impact 67 -- Annex. Job Growth Projections,1998-2000 67 -- Notes 70 -- Part 3 Statistical Annex 71 -- References 105.