China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...

One of the more important yet puzzling aspects of the recent global stagflation has been the rather surprising resiliency of growth rates of real income in non-oil developing countries during the 1973-80 period in the face of the marked slowdown of corresponding growth rates in the industrial...

One year after the deepest recession in recent history, Asia is leading the global recovery. The Regional Economic Outlook: Asia and Pacific discusses the near-term outlook for the region, as well as the medium-term policy challenges that countries face. As in many emerging and developing...

Introduction -- Acknowledgements -- China's growth potential to 2050 : a supply-side forecast based on cross-country productivity convergence and its featured labor force -- Is China's current slowdown a cyclical downturn or a long-run trend : a productivity-based analysis -- Policy implications...

The Irish economy's recovery from the global financial crisis (GFC) has been striking with both economic output and the labour market registering significant increases in activity since 2013. This resurgence in performance followed the sharp decline witnessed in the economy during the period...

EXECUTIVE SUMMARY The first chapter on monetary policy transmission examines the channels through which innovations to policy variables-policy rate or monetary aggregates-affect such macroeconomic variables as output and inflation in Sri Lanka. The effectiveness of monetary policy instruments is...

In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food and fuel prices, with the threat of millions of people being pushed into poverty...