Since the onset of the global financial crisis, China and the U.S. have reduced their current-account imbalances as a share of GDP to less than half their pre-crisis levels. For China, the reduction in its current-account surplus post-crisis suggests a structural change. Panel regressions for a...

"Recent attempts to measure competitiveness across countries have typically neglected the world's smallest economies. Hence, a simple composite index, the small state manufactured export competitiveness index or SSMECI, was developed to benchmark industrial competitiveness. The SSMECI represents...

"Recent attempts to measure competitiveness across countries have typically neglected the world's smallest economies. Hence, a simple composite index, the small state manufactured export competitiveness index or SSMECI, was developed to benchmark industrial competitiveness. The SSMECI represents...