Who is Xi Jinping? -- The blueprint for the realization of the China dream -- Internal reform in the Communist Party of China -- The major reforms deciding China's fate -- The innovation revolution: leading China's new economy -- The belt and road initiatives -- A great power requires a great...

Can fixed exchange rate regimes cause output divergence among member states? We show that such divergence is a long-run equilibrium characteristic of a two-region model with fixed exchange rates, heterogeneous labor markets, and endogenous growth. Under flexible exchange rates, monetary policy...