Blog post
14 October 2014
Looking past the (West’s) end of the nose
Following the recent IMF annual meetings, and the coincidental declines in global stock markets, gloom is back about the state of the world economy. W
Blog post
14 October 2014
Following the recent IMF annual meetings, and the coincidental declines in global stock markets, gloom is back about the state of the world economy. W
Working paper
08 October 2014
This paper develops a new underlying inflation gauge (UIG) for China which differentiates between trend and noise, is available daily and uses a broad
Blog post
08 October 2014
A successful Chinese economy needs both structural reforms on the supply side to enhance potential growth, and a nimble monetary policy to fully explo
Blog post
30 September 2014
In the wake of the latest easing of Chinese monetary policy, the CBRC, China’s banking regulator, has recently modified a few details of how it c
Blog post
20 September 2014
Alibaba’s coming of age underlines a continuous trend of the last half-decade. For all the fashionable talk of China’s dominant state capitalism&
Blog post
05 August 2014
The pronounced slowdown in China’s GDP growth in recent years has raised the important question of what might be its principal causes.
Blog post
26 July 2014
The BRICS name is certainly here to stay, and in terms of global governance, their influence is likely to rise as a group because of this development.
Blog post
15 July 2014
Remarks delivered by Her Excellency the Ambassador of the People's Republic of China to the European Union, Yang Yanyi, at workshop 'The fut
Blog post
19 May 2014
In this follow-up, I argue that on top of these structural and institutional factors, there are also three short-term cyclical considerations in favou
Blog post
15 May 2014
Growth challenges for Asia and Europe
Working paper
14 May 2014
We gauge the de-facto capital account openness of the Chinese and Indian economies by testing the law of one price on the basis of onshore and offshor
Blog post
12 May 2014
What’s at stake: Many news outlets picked up the release of new “purchasing power parity” estimates by the International Comparison Program, emph
Blog post
25 April 2014
The Chinese renminbi (RMB) depreciated by as much as 3% vis-a-vis the US dollar in the first three months of 2014, a sharp departure from the 3% appre
Opinion piece
14 April 2014
Since the beginning of this year, the renminbi has been depreciating against the US dollar. That marked a departure from the earlier trend of the Chin
Blog post
11 April 2014
This blog raises two questions. The first is puzzling: why is Beijing in such a hurry to internationalise its inconvertible currency? The se
Blog post
19 March 2014
In economic terms, China is becoming more of an adult, and the renminbi is becoming a grown-up currency. Russia's actions in Ukraine have prompte