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The recent policy shift in China from a pegged to a flexible exchange-rate regime starts a new chapter in international finance, comparable to the dramatic end of the Bretton Woods system of pegged ...
The dynamic process of integration of national economies has a long history,with two distinct waves: one, from the middle of the 19th century until its interruption with outbreak of the First World W...
In explaining how the current fi nancial crisis happened, most studies are looking for the root causes in the prevailing fi nancial institutions and credit system. And, since the crisis broke out in t...
China is faced with three colossal tasks in the area of open macroeconomic reform: reform of exchange rate regime, capital movement liberalization and financial system reform. China is making preparat...
Global Imbalances and China     China  Global Imbalances       2008/12/4
The global economy is suffering from serious imbalances characterized by deterioration of the US current account deficit, rapid increases in oil and raw material prices and excessive international liq...
Is China Competing with Korea?     Korea  China Competing        2008/12/4
Based on the classification of technology content, and the method of calculating the sophistication of export initiated by Kwan, Chi Hung(2002) and Lall, etc(2005), this paper investigates the structu...
ABSTRACT The World Bank played an important role in China's economic transformation since the late 1970s. China used the World Bank well and the Bank was responsive to China's needs. The Bank did not ...

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