Ever since the global financial crisis of 2008-9, that exposed the weakness of the international monetary system due to its dependence on the US dollar as leading global currency, the Chinese leadership undertook a broad scope of efforts to elevate the RMB to the status of an international...

The rapid rise of China on the global economic stage could have substantial and unequal employment and wage effects in advanced industrialised democracies given China's large volume of low-wage labour. Thus far, these effects have not been analysed in the comparative political economy...

In this paper, we develop a theoretical model which identifies four channelsimport prices, competition with domestic suppliers and workers, and commodity pricesthrough which priceand wage-setting conditions in country j may affect inflation in country i. We estimate a dynamic inflation equation...