China still enjoys strong growth momentum driven by services and advanced manufacturing. Trade tensions and deleveraging of a very indebted economy ar

Labor force attachment has been studied extensively for DMs, "¦ where participation has risen among women and older workers. We document key trends in

Mounting trade tensions reflect past and present currency manipulation. We document the "fear of floating" that exists in countries across EM Asia, ..

Given the more challenging landscape, with a stronger USD and rising U.S. rates, we have cut our forecasts for non-resident portfolio flows to emergin

Demonetization and GST were quasi-natural experiments, with profound and long-lasting impacts on the economy. This meant India missed the synchronized global recovery, but  a rebound is underway from low initial conditions. Broad money has not recovered fully from demonetization, but credit growth and capital flows will support investment. Easing appreciation pressure will be positive for exports, even though structural competitiveness issues remain.