Will China Rule the World?
Thirty years ago, China had a tiny footprint on the global economy and little influence outside its borders, save for a few countries with which it had close political and military relationships. Tod
Research
The Estimated Effects of the Euro on Trade: Why Are They Below Historical Effects of Monetary Unions Among Smaller Countries?
It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates.
Good Government Means Different Things in Different Countries
Work on good governance implies a one-best-way model of effective government.
Difference-in-Difference Estimators
This article discusses difference-in-differences (DID) estimators, which are commonly applied in evaluation research.
Making Room for China
China’s undervalued currency and huge trade surplus pose great risks to the world economy.
How Globalization Affects Tax Design
The economic changes associated with globalization tighten financial pressures on governments of high-income countries by increasing the demand for government spending while making it more costly to r
Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes
A new technique for estimating countries’ de facto exchange rate regimes synthesizes two approaches.
Law and The Financial System: Securitization and Asset Backed Securities
Law and the Financial System: Securitization and Asset Backed Securities provides students and practitioners with a comprehensive source of materials and references for understanding the process and i
Funding Economic Development: A Comparative Study of Financial Sector Reform in Vietnam and China
Given the importance of financial sector development for sustained economic growth, especially in the context of Vietnam’s own performance since embarking the Ð?i M?i economic reforms twenty years ago
The IMF Needs Fresh Thinking on Capital Controls
Why does the International Monetary Fund make it so hard for people like me to love it? The IMF has said and done all the right things since the crisis.
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