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This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model features a forward-looking benevolent government that needs to decide the optimal fiscal stance given the level of public debt, the cyclical position of the economy, and...
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A strong export-led recovery is underway. Despite early actions and a successful vaccination campaign, the pandemic is … lingering in Mongolia as positivity rates remain high and borders largely closed. An export-led recovery which began in mid-2020 …
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rebalancing would entail. The nature of the challenge differs across regional economies, as some, like China, need to raise … private consumption while others, like the ASEAN economies, need to raise investment. Given that China accounts for such a … various aspects of the rebalancing challenge in China.--Publisher's description …
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, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India … -- Korea -- China -- India -- Indonesia -- Speech by Obstfeld -- Monetary and exchange rate policies for sustained growth in …
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