economies (EMEs) on firm investment in the presence of global financial shocks. Using firm level data from 46 EMEs from 2000 to … 2018, we document four findings. First, active IRM positively affects firm investment - the effect strengthens with the … the positive IRM effect on firm investment. Fourth, the policies of capital controls and exchange rate managements are …

In this paper we evaluate the current account patterns of China and Germany. We point out that China's current account … surplus as a share of global GDP in recent years resembles that of Germany's. Yet, an important difference is that the Euro … block's current account inclusive of Germany, has overall been balanced, whereas emerging Asia's current account inclusive …

In this paper we evaluate the current account patterns of China and Germany. We point out that China's current account … surplus as a share of global GDP in recent years resembles that of Germany’s. Yet, an important difference is that the Euro … block’s current account inclusive of Germany, has overall been balanced, whereas emerging Asia's current account inclusive …