Corruption perceptions indices suggest that China is not especially corrupt for its level of development and actually does better than many more developed countries, including Russia, Argentina, and Mexico.
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.
We can expect that policymakers will continue to have to periodically step back into the property market with successively tighter administrative controls, continuing to play Whack-a-Mole with China's burgeoning property bubble.
Nemat Shafik, who took over as IMF Deputy Managing Director in April, says she has been surprised by the vigor of internal policy debate at the IMF. "...
Latin America faces two principal economic challenges going forward: to increase the sustainable rate of economic growth and to reduce the volatility of growth.
Latin America has enjoyed tremendous economic dynamism and a rising quality of life in recent years. But, faced with new challenges, the question is: how best to sustain this progress?