The ‘New Consensus’, around independent central banks and the use of short-term interest rates as the key instrument of monetary policy, by no means exhausts the range of modern central bank activities or the issues that financial markets pose for the newly consensual monetary...

Getting an accurate picture of poverty and inequality trends and patterns in the world’s most populous country is central to understanding changes in global inequality and poverty – these alter significantly when China is included or excluded. China has achieved dramatic improvements in...