Publications
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Financial Repression and the Debt Build-up in China: Is There a Way Out?
China’s old recipe book for economic success, based on market distorting policies, is hindering the process toward a market-driven economy and the...
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Turning China’s Money Reserves into Capital
Research Areas: Far EastTags: ChinaSome economies in East Asia have built up large amounts of foreign exchange reserves in the past decades. Holding large amounts of reserves helped...
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The Internationalization of the Renminbi and the Rise of a Multipolar Currency System
The dollar’s steady depreciation has had little impact on the official reserves of central banks. As scholars of the international monetary system...