A recent World Bank report reveals how some Middle Eastern and North African (MENA) nations are transitioning from ...
The other striking result is that countercyclical fiscal policy—cutting taxes and increasing government spending to counter economic downturns and vice versa—is also heavily constrained under pegged ...
However, in the above mentioned paper I show not only the asymmetric nature of business cycles, but also that counter-cyclical fiscal policy is only effective provided the level of debt to GDP is ...
Asian equities were overall lower on a stronger U.S. dollar overnight, as Mainland China outperformed while Hong Kong and ...
(Bloomberg) -- China’s central bank chief pledged to maintain an accommodative monetary policy stance and to double down on ...
[Photo/China News Service] BEIJING - China will intensify counter-cyclical adjustment of its monetary policy and create a ...
China is confident to achieve around 5-percent GDP growth target for 2024, and the country will step up counter-cyclical adjustments in fiscal policy in addition to monetary policy stimulus ...
New bank lending in China fell more than expected in October from the previous month and trailed behind analysts' ...
The National Bank of Romania (BNR) revised upward the inflation projection under the updated Inflation Report to 4.9% at the ...
China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and high-quality development, according to Pan ...