A new study confirms a resurgence of the US manufacturing industry in the last five years, primarily driven by a reduction in labor costs, depreciation of the US dollar, and reduction in domestic energy prices.
Economists contend that polarization in Japan’s labor force could hold back the success of Abenomics.
Contrary to analysts’ expectations, US capital outflow was relatively small in 2011 and the US dollar actually appreciated against the currency of emerging markets.
A 2012 report from the International Monetary Fund explains the conditions for and progress toward the internationalization of the Chinese renminbi (RMB).
A new report from the International Monetary Fund explores the future of the Chinese trade surplus.
Food remittances and foreign aid ease the impact of food price shocks.
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.