China is the world's largest official creditor, but we lack basic facts about the terms and conditions of its lending. Very few contracts between Chinese lenders and their government borrowers have ever been published or studied. This paper is the first systematic analysis of the legal terms of...

THE EURO AT TEN: The Next . Global Currency? JEAN PISANI-FERRY & ADAM S. POSEN, editors PETERSON INSTITUTE FOR...

Implications of low productivity growth for debt sustainability / by Neil Mehrotra -- Slow productivity growth will pressure sovereign debt sustainability / by Elena Duggar -- Implications for tax policy of lower trend productivity growth / by Karen Dynan -- The effects of low productivity...

"Economic growth, inflation, and interest rates have declined in Asia. Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as "secular stagnation." Leading experts discuss the fiscal and monetary policy challenges of reviving growth without...