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China's financial system has become very large, diversified, and interconnected. This changing...

This paper analyzes the transmission of global liquidity to the ASEAN-5 countries (ASEAN-5),...

The report assesses IMF surveillance in the period leading up to the global financial and...

Policymakers are often reluctant to grant independence to the agencies that regulate and...

Spurred by advances in information and computer technologies, financial liberalization and...

This paper examines the empirical relationship between long-run growth and the degree of...