Author: Victor Chan
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Analyzing Income Distribution: A Cost-Benefit Analysis of Mexico’s Social Spending
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Data from Mexico indicate that the type of government social spending – indirect vs. direct subsidies – leads to different outcomes in terms of poverty reduction and income redistribution.
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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.
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Seeing Red: Challenges to Social Harmony in China
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Protests in China during the last twenty years have focused on local grievances, such as land and labor issues, and are targeted against local governments, not necessarily the central party
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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).
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Is China Rebalancing?
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A new report from the International Monetary Fund explores the future of the Chinese trade surplus.