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According to the People's Republic of China Ministry of Foreign Economic Relations and Trade, China has a population of more than 1.2 billion people and with abundant manpower availability for employment in labour-scarce countries at minimal wages/salaries. For example 20300,26500 skilled...
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After the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented institutional framework. By the 1980s many contended that these institutions--the General Agreement on...
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Most proposals for Asian monetary cooperation assign a special role to the Japanese yen as an anchor currency. We focus instead on the potential role of the Chinese renminbi. It becomes increasingly clear that China will assume the role of the dominant economy in the region, and that it will...
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