Research
The Atlas of Economic Complexity: Mapping Paths to Prosperity
The Atlas of Economic Complexity: Mapping Paths to Prosperity measures the diversity of productive knowledge of 128 countries and demonstrates remarkable predictive value in forecasting how fast count
Barrels, Bushels, Bonds Take Global Economy for a Ride
The prices of hydrocarbons, minerals, and agricultural commodities have been on a veritable roller coaster.
The Curse: Why Natural Resources Are Not Always a Good Thing
It is striking how often countries that are rich with oil, minerals or fertile land have failed to grow more rapidly than those without. Angola, Nigeria and Sudan are all awash in petroleum, yet most
The Rise of the Renminbi as International Currency: Historical Precedents
All of a sudden, the renminbi is being touted as the next big international currency. Just in the last year or two, the Chinese currency has begun to internationalize along a number of dimensions.
Internationalization of the Renminbi: What Does History Tell us About the Precedents?
Just in the last year or two, the Chinese currency has begun to internationalize along a number of dimensions. A RMB bond market has grown rapidly in Hong Kong, and one in RMB bank deposits.
A Comparison of Product Price Targeting and Other Monetary Anchor Options for Commodity Exporters in Latin America
Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy.
Taming Globalization
The article reviews the book "The Globalization Paradox: Democracy & the Future of the World Economy
Growth in Asean, China and India: Implications for the Rest of the World
Fiscal Policy in Developing Countries: Escape from Procyclicality
Fiscal policy is taking centre stage. Among advanced countries, the news is bad; Europe’s periphery teeters, the UK slashes, the US deadlocks, Japan muddles.
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