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This is namely due to the fact that China has a very open economy and one of the world's largest manufacturers. Henceforth, demand shocks from the international market will greatly impact the
Chinese economy. In addition, their research also suggests that real equilibrium exchange rates are not only a large driving force for the Chinese economy but for the international market as well. Lastly, Baillui et al. (2010) argue that China's economy adapts slower to shocks than other developed countries because their monetary policy is not as effective as the real exchange rate.
342:. Bailliu and Hajzler present structural reforms that could help increase productivity and thus help stimulate a substantial amount of growth. Their research suggests that trade and foreign direct investment (FDI) liberalization, and strengthening property rights are key factors contributing to growth. Bailliu and Hajzler also suggest that investments in infrastructure and reforms to product market regulation (PMR) impact the level of growth in EME's. They mainly focus their research on emerging market economies such as China, India, Mexico, Brazil and Turkey.
285:) in Paris. Afterwards, she started working for the Bank of Canada as a research advisor in 2005 for four years. In March 2005, Bailliu and Ramzi Issa published an internal note for the Bank which indicated that the Canadian dollar was undervalued. This received press coverage when it was released a year later under the Access to Information Act. As of 2010, Bailliu became an Assistant Chief of the Bank of Canada. As of September 2016, she obtained the position of the Senior Policy Advisor for the International Economic Analysis Department.
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domestic financial system is developed and stable. She suggests that inward capital flows will have negative effects on economic growth if the country has a poorly developed banking system. This is because governments of countries with underdeveloped banking systems could use the capital inflows for risky rather than productive investment.
293:. In 2000, Bailliu presented a paper with one her colleagues discussing exchange rate regimes and economic growth in emerging market economies. Her first article was published in July 2000, called "Private Capital Flows, Financial Development, and Economic Growth in Developing Countries", published by the
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Baillui and colleague
Patrick Blagrave analyze the factors behind shocks in the Chinese economy and how these shocks effect the G-3 countries, United States, the euro area and Japan Firstly, Baillui et al. (2010) find that foreign demand shocks are larger in China than other industrialized countries.
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Some of
Bailliu's recent research focuses on the Chinese economy, exchange rate and monetary policy regimes, and macroeconomic modelling. In 2016, Bailliu et al. published a working paper called "How Fast Can China Grow? The Middle Kingdom's Prospects to 2030" In addition, Bailliu also focuses a lot
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In July 2000, Bailliu published her paper on capital flows and economic growth in developing countries. Using data from 40 developing countries from 1975–95, Bailliu concludes that inward capital flows are positively correlated with economic growth in developing countries only when the country's
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Jeannine
Bailliu co-authored this research with her colleagues Mark Kruger, Argyn Toktamyssov and Wheaton Welbourn. Bailliu et al. (2016) used a Cobb-Douglas production function to forecast the growth of the Chinese economy to 2030. They used four key determinants: capital stock growth, labour
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In a conference held by the Bank of Canada in
November 2000, Jeannine Bailliu and Robert Lafrance, and Jean-François Perrault presented a paper called "Exchange Rate Regimes and Economic Growth in Emerging Markets." They examine how exchange rates effect economic growth in 25 emerging market
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growth, human capital growth and total factor productivity (TFP) growth. Their research suggests that the
Chinese economy is expected to decelerate its growth from its current 7% growth rate to roughly 5% by 2030. Their attribute this slow down in growth to a decrease in future investments.
269:. She then received her master's degree in International Economics at the Graduate Institute of International and Development Studies in Geneva, Switzerland. Upon receiving her masters, Bailliu applied for her Doctor of Philosophy degree (PhD) and obtained her PhD in Economics from the
257:, where she held a number of senior roles including Senior Policy Advisor and Director of Emerging Markets. Dr. Bailliu has published multiple scholarly articles, focusing her research on international economics, international finance and applied econometrics.
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of her research on the economic growth of emerging market economies. In 2016, she published a paper called "Structural
Reforms and Economic Growth in Emerging Market Economies" following structural reforms after the
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economies. Their findings suggest that flexible exchange rates are correlated with robust economic growth only when countries liberalize capital flows and already have an existing well-developed financial market.
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Jeannine
Bailliu attended high school at École Secondary Étienne-Brûlé (Toronto) and École Secondary Publique Louis-Riel (Ottawa). She completed her Honours Bachelor of Commerce (H.B.Com.) at
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2018, March: "Can Media and Text
Analytics Provide Insights into Labour Market Conditions in China?" Xinfen Han, Mark Kruger, Yu-Hsien Liu, and Sri Thanabalasingam
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2007, July: "Multilateral
Adjustment and Exchange Rate Dynamics: The Case of Three Commodity Currencies" with Ali Dib, Takashi Kano, and Lawrence L. Schembri
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2003, June: "Explaining and Forecasting Inflation in Emerging Markets: The Case of Mexico" with Daniel Garcés, Mark Kruger, and Miguel Messmacher.
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2004, June: "Exchange Rate Pass-Through and the Inflation Environment in Industrialized Countries: An Empirical Investigation" with Eiji Fujii
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2010, November: "Has Exchange Rate Pass-Through Really Declined? Some Recent Insights from Literature" with Wei Dong and John Murray
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In 2016, Jeannine Bailliu and Christopher Hajzler suggested that growth in Emerging Market Economies (EME's) slowed down after the
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2010, July: "The Transmission of Shocks to the Chinese Economy in a Global Context: A Model-Based Approach" with Patrick Blagrave
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2012, February: "Macroprudential Rules and Monetary Policy when Financial Frictions Matter" with CĂ©saire Meh and Yahong Zhang
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2016, April: "How Fast Can China Grow? The Middle Kingdom's Prospects to 2030" with Argyn Toktamyssov and Welbourn Wheaton.
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Upon obtaining her PhD in Economics, Bailliu worked for the Organization of Economic Co-operation and Development (
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McGill University, Graduate Institute of International Studies (Geneva), University of California, Santa Cruz
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in Toronto. Prior to joining the C.D. Howe Institute, Jeannine spent over twenty years working at the
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2000, July: "Private Capital Flows, Financial Development, Economic Growth and Developing Countries"
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The Transmission of Shocks to the Chinese Economy in a Global Context: A Model-Based Approach (2010)
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2012, February: "Household Borrowing and Spending in Canada" Katsiaryna Kartashova and CĂ©saire Meh
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Baillui, Jeannine; Han, Xinfen; Kruger, Mark; Liu, Yu-Hsien; Thanabalasingam, Sri (March 2018).
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is a Canadian economist who is currently the Associate Vice-President (Programs) at the
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Private Capital Flows, Financial Development, Economic Growth and Developing Countries
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Bailliu, Jeannine; Kruger, Mark; Toktamyssov, Argyn; Welbourn, Wheaton (April 2016).
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Baillui, Jeannine; Garcas, Daniel; Kruger, Mark; Messmacher, Miguel (June 2003).
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717:"Explaining and Forecasting Inflation in Emerging Markets: The Cast of Mexico"
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Bailliu, Jeannine; Lawrence, Robert; Perrault, Jean-Francios (November 2000).
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2005, October: "What Drives Movements in Exchange Rates?" with Micheal R. King
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2002, December: "Exchange Rate Regimes for Emerging Markets" with John Murray.
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Baillui, Jeannine; Dib, Ali; Takashi, Kano; Schembri, Lawrence (July 2007).
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Baillui, Jeannine; Kartashova, Katsiaryna; Meh, Celsaire (February 2012).
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Structural Reforms and Economic Growth in Emerging Market Economies (2016)
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How Fast Can China Grow? The Middle Kingdom's Prospects to 2030 (2016)
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Graduate Institute of International and Development Studies alumni
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Baillui, Jeannine; Meh, CĂ©saire; Zhang, Yahong (February 2012).
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Baillui, Jeannine; Dong, Wei; Murray, John (November 2010).
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840:"Household Borrowing and Spending in Canada"
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695:"Exchange Rate Regimes for Emerging Markets"
512:"Bank of Canada note saw loonie undervalued"
954:University of California, Santa Cruz alumni
53:Learn how and when to remove these messages
777:"What Drives Movements in Exchange Rates?"
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