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The objective of the Investment Account (IA) is to provide a vehicle for the investment of a part...

This paper maps cross-border financial linkages and identifies factors that drive them,...

Issues in Reserves Adequacy and Management

Although China’s much-needed transition to a new growth path is proceeding broadly as expected,...

Data show that middle-income households have continued moving down, and less so up, the income...

The paper uses a combination of micro-level datasets to document the rise of income polarization—...