Turbulence will mark the world economy in the coming decade as Canada's traditional trading partners in North America and Europe struggle with slow growth and rising structural unemployment and move, as they must, to restore the health of their public finances. Settling for the status quo is not...

China has emerged as a major power in the world economy, so it seems natural to consider whether its currency will also have a major role. However, at present it is not used internationally. We look at the factors that contribute to the international use of currencies, and focus on the aspects...

Yesterday was the deadline to join the Asian Infrastructure Investment Bank (AIIB) as a founding member. Once again Canada is on the sidelines as Asia and most of the rest of the world moves forward while Canada watches. When Chinese President Xi Jinping announced plans for the AIIB at the APEC...