This study empirically examines China’s development finance to developing countries with a focus on Asia from 2000 to 2012. It uses AidData's Global Chinese Official Finance Dataset, one of the most reliable and publicly available data sources that systematically collects and differentiates different types of China’s official development financial flows, to produce descriptive and inferential ...

This paper proposes a monetary aggregate “Liquidity” that could serve as a useful indicator for gauging the appropriateness of monetary policy. If liquidity rises above a certain threshold, it is signaling that monetary policy is losing traction due to structural and other impediments even when the inflation gap remains open. This indicator supplements the financial cycle approach but adds value by ...

This paper proposes a monetary aggregate “Liquidity” that could serve as a useful indicator for gauging the appropriateness of monetary policy. If liquidity rises above a certain threshold, it is signaling that monetary policy is losing traction due to structural and other impediments even when the inflation gap remains open. This indicator supplements the financial cycle approach but adds value by ...