As more households in the People's Republic of China (PRC) are lifted out of poverty, it becomes increasingly difficult to address the remaining poor by implementing traditional cash transfer programs due to inaccurate identification and the welfare dependency issue. One solution is to implement...

This article examines China's contemporary macroeconomic controls, highlighting the recent currency revaluation. We suggest that the July 2005 revaluation was inadequate in maintaining a level in line with market expectations, and it has had a negligible effect on exports, imports, job growth,...

This paper attempts to explore the direct effects and spill-overs of COVID-19 on stock markets. Using conventional t-tests and non-parametric Mann-Whitney tests, we empirically analyse daily return data from stock markets in the People's Republic of China, Italy, South Korea, France, Spain,...