Georgetown Public Policy Review
Policy Shaping Our Future
by Yegen Xie The recent financial crisis triggered by the burst of the real estate bubble and devaluation of complex financial derivatives has created a profound influence across the world. All major economies suffered from a sudden contraction of liquidity and the globalizing Chinese economy was no exception. Having experienced a dramatic turn from an […]
by Adrian Ineichen Undoubtedly, China has made impressive economic progress in the last three decades and continues to outperform most economies with an annual growth rate above 8.2% for 2009, even in the current global economic crisis (Xinhua, 2009). But many challenges remain, particularly regarding financial markets, the capital account, and monetary policy. The 2009 […]