During the past year, views on China's economy have yo-yoed from concerns about the recovery, to hand-wringing about inflation and overheating, and then back to talk of hard landing.

Governments have five tools to adjust to capital flows: monetary policy, fiscal policy, foreign exchange intervention, prudential tools, and capital controls. The challenge is to find, for each case, the right combination.

it will take a while before most crisis-hit countries will be able to reclaim the economic output that was lost as a result of the crisis. But things are definitely going in the right direction.

HANOI - Finance ministers of China, Japan and South Korea are mindful of the challenges from inflation, rising commodity prices and the increasing...

WASHINGTON - The International Monetary Fund on Monday criticized developing countries for not responding strongly enough to the surge of hot money in...