Economic restructuring is one of the main aspects of China’s reform. In the first 30 years after the founding of the PRC, the Chinese government carried out a system of planned economy ...

A unique analysis of district-level data reveals why inequality is so destructive to the household consumption welfare of people living below the poverty line. During negative economic growth, the ...

The Federal Reserve maintained its previously expected pace of rate cuts, but signaled higher inflation and a slowdown in ...