Business Case Studies, Macroeconomics Case Study, National Income Accounting: A Case Study of China

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Case Title:

National Income Accounting: A Case Study of China

Publication Year : 2010

Authors: Diana Abraham, Dr Nagendra V Chowdary

Industry: General Business

Region:China

Case Code: MEBE0004

Teaching Note:  Available

Structured Assignment:  Available

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Abstract:
This case study was written primarily to illustrate and to know the calculation of GDP, GNP, Nominal GDP, Real GDP and the related concepts in the backdrop of Chinas’s economy. After three decades of central planning it was time for China to emerge from isolation and become an important player in the world economy. Economic reforms since 1978 have taken China to a new trajectory of growth. Evolution into a controlled-open economy has synchronised the movement of macroeconomic variables like growth rate, inflation, and exchange rate, with the rest of the world. Any policy change in China now has its impact on the world economy.

Pedagogical Objectives:

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