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What Currency War?

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Contrary to analysts’ expectations, US capital outflow was relatively small in 2011 and the US dollar actually appreciated against the currency of emerging markets. More »

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Internationalizing the RMB

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A 2012 report from the International Monetary Fund explains the conditions for and progress toward the internationalization of the Chinese renminbi (RMB). More »

Credit Stagnation in the MENA

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Credit market recovery in the Middle East and North African region will lag global economic recovery. Economic shortfalls are likely throughout the region and policymakers must take actions to dampen adverse effects. More »