Private consumption is a key component in the rebalancing of growth that China is seeking, and a challenging one. Not only for the 1.3 bn. Chinese citizens, but it could make an important contribution in addressing global imbalances. Understanding what drove the consumption share down to a mere...

Emerging markets and developing economies (EMDEs) weathered the 2009 global recession relatively well. However, the impact of the global recession varied across economies. EMDEs with stronger pre-crisis fundamentals -- such as large foreign exchange reserves, sound fiscal positions, and low...

Many economist wonder how and when national economies will recover after the fall of quarantine for COVID-19. Based on the article we can say that different types of economies (The types are described below in the article) will recover differently. The fastest will recover small, predominantly...

This paper takes stock of the global economic recovery a decade after the 2008 financial crisis. Output losses after the crisis appear to be persistent, irrespective of whether a country suffered a banking crisis in 2007-08. Sluggish investment was a key channel through which these losses...

Since Chinese economy takes a fast growth path toward the top of the world economy, it is interesting to examine China's way of development. This paper will demonstrate what china was doing, is doing and will do for its economic expansion during and after global crisis. Many thoughts and...