Li Cui

Conquering Fear of Floating

Australia's Successful Adaptation to a Flexible Exchange Rate

Australia has enjoyed fifteen years of uninterrupted economic expansion since 1992 despite shocks such as the Asian crisis in 1997-98 and the informat...

Explaining China's Low Consumption: The Neglected Role of Household Income

The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's r...

The Shifting Structure of China's Trade and Production

This paper uses disaggregated trade data to assess how the expansion of China's production capacity and its changing production structure may be affec...

Measures to Limit the Offshore Use of Currencies

Pros and Cons

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Measures to Limit the Offshore Use of Currencies

Pros and Cons

Several Asian emerging market economies have recently adopted measures to limit the offshore trading of their currencies. This paper provides a genera...