almost half of the world output and more than half world trade, with China accounting for half of that. In 2010, Chinaâ … industrial revolution towards the end of the eighteenth century, Europe and North America each in turn came to dominate the world … is re-emerging as the world’s biggest element in the world economy. In 1980, Asia produced just under 20 per cent of …

In the run-up to the financial crisis, the world economy was characterized by large and growing current account … imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of …€™s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for …

In the run-up to the financial crisis, the world economy was characterized by large and growing current account … imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of …€™s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for …

of its bilateral financial ties with the United States and the key Asian economics of the People’s Republic of China …

of its bilateral financial ties with the United States and the key Asian economics of the People’s Republic of China …

€™s Republic of China (PRC) and other East Asian economies, which have relied heavily on external demand and access to the US …

€™s Republic of China (PRC) and other East Asian economies, which have relied heavily on external demand and access to the US …