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