China's economy has developed in such a startling way that most people - economists or not - place, as starting from about 1978, and many are questioning whether or not it can last? At the same time, they are wondering about its effect on the United States, and the world at large, because China...

Many indicators are helpful in improving statistical performance for forecasting and policy analysis. We do believe, however, no single indicator (or type of indicator) can do the necessary work by itself. Any new finding is likely to make a better contribution in combination with others that...