Why Has China's Trade Surplus Gone Away?
China's trade surpluses exploded in size after 2001, when China joined the World Trade Organization and its exports soared. But those trade surpluses peaked back before the Great Recession and have dwindled since then to near-zero. Indeed, the IMF predicts that China is likely to have small trade deficits in the next few years. What happened? Pragyan Deb, Albe Gjonbalaj, and Swarnali A. Hannan tell the story in "The Drivers, Implications and Outlook for China’s Shrinking Current Account Surplus" (IMF Working Paper WP/19/244, November 8, 2019).
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How Great Leaders Turn Adversity into Gratitude
Do you remember the last time you received a handwritten thank-you note? Chances are it’s been a while.
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Coining Cryptocurrency Gold
While all that glitters is not gold, the demand for stablecoins is leading to more cryptocurrencies tying themselves to the shiny stuff.
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What are the Most Effective Promotional Products?
When deciding on promotional products as giveaway items, it can be difficult deciding on the types of products that best represent your brand, and appeal to your target audience. It helps to know that the most effective promotional products are ones that the receiver will use regularly, as this reinforces your brand image in their mind.
- 28/11/2019
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Using Blockchain to Combat Fake News
With the effective use of blockchain to combat fake news, we can potentially expect an authentic deliverance of news.
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