This country economic memorandum shows that fiscal imbalances are key to understanding Turkey's inflation problem, and its volatile growth. Its findings suggest that the country's inability to sustain high growth can be closely linked, among many factors, to the lack of macroeconomic stability....

International experience suggests that the effect of globalization on economic growth, poverty and income distribution can vary significantly among countries, and that its impact depends crucially on national policies. This report assesses the possible patterns of inequality in China in the...

In 2014, Chinas growth continued to slow which reflected policy to put their economic growth on a more sustainable footing. While policy efforts to tighten credit growth reduce excess capacity, internalize the cost of industrial pollution, and harden local governments budget constraints...

Chinas economic growth is gradually slowing as the structural transformation of the economy continues. Output grew by 7.7 percent in 2013, matching its 2012 growth rate and exceeding the governments 7.5 percent indicative target. In recent months economic activity, including industrial...

While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...

Chinaâ??s current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in Chinaâ??s external imbalance, it has not been accompanied by a decisive shift toward consumption-based growth. Instead, the compression...

In Dragon's Tail, Andrew Charlton explores the supercharged rise of China and considers Australia's future as the Chinese dragon stirs and shifts.China's rise has been perhaps the most significant economic event in two centuries, occurring 100 times more quickly and on a scale 1000 times larger...

Chinas economic growth continues to moderate, in 2014 gross domestic product (GDP) expanded by 7.4 percent, within the governments indicative growth target of about 7.5 percent for the year, but sharply slower than the 10 percent annual growth rate china averaged for three consecutive decades....

Gross domestic product (GDP) growth in China has remained strong in 2017, exceeding market expectations. Supported by risinghousehold incomes, the growth contribution of final consumption increased further this year. At the same time, the growth contribution of fixed investment has declined...

A recovery in the oil sector boosted recent economic performance. While the recovery in global oil prices would have a welcoming effect for Kazakhstan in terms of enhancing the economy's buffers and supporting growth, it may also reduce the perceived urgency for transitioning to the new growth...