confront a financial/fiscal trilemma: countries in the euro zone can no longer enjoy all three of financial integration with …

-economy trilemma - the inability of policy-makers simultaneously to pursue a fixed exchange rate, open capital markets, and autonomous … empirically controversial. We apply theory and empirics to the interwar data and find strong support for the logic of the trilemma …

The exchange-rate regime is often seen as constrained by the monetary policy trilemma, which imposes a stark trade …-off among exchange stability, monetary independence, and capital market openness. Yet the trilemma has not gone without … the trilemma are largely borne out by history. …

worked in product and labour markets in China’s economic reform in practice. …

This Paper studies growth and inequality in China and India – two economies that account for a third of the world … countries. For personal income inequalities in a China-India universe, the forces assuming first-order importance are …

We use available methods for testing macro models to evaluate a model of China over the period from Deng Xiaoping …

In 2009, the United States imposed additional tariffs for a three-year period on imports of automotive tires from China … under a special-safeguard provision included in China’s Protocol of Accession to the WTO. China challenged the measure in … in which an accession protocol was used successfully as a defense; and the first that China lost as a complaining party …

This paper analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is …. Innovative areas in China, rather than generate knowledge spillovers, seem to produce strong backwash effects. In India, by …