China's financial openness, as measured by cross border flows and asset ownership, peaked during its 2000s growth surge …, as did downward pressure on global interest rates and price levels. This was despite China's restriction of financial … shown that, without capital controls, most surge effects on China would have been moderated substantially while the global …

old joke goes, the rest of the world caught a cold. But that dominance is now being challenged by the rise of rapidly … outline the consequences of this evolving world economic order – in particular, how it is decoupling the business cycles of …

. In this context, this work aims to analyze the possible effects of a potential economic growth downturn in China, Germany … China play a regional role …

financial system for growth dynamics and economic interactions of the world economy. Furthermore, the effects of the current … multilateral policy coordination that have to be fostered to manage an increasingly multi-polar world economy. The article …