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CGD in the News
May 14, 2014
It’s probable that the U.S. economy is no longer the world’s largest. New World Bank figures, notes economist Arvind Subramanian of the Peterson Institute, suggest that sometime in 2014 China will overtake the United States in gross domestic product — the production of goods and se...
CGD in the News
May 13, 2014
"We can say with some confidence that the renminbi is now fairly valued, which is a striking change from even 2005, when the currency was undervalued by nearly 30 percent," Martin Kessler and Arvind Subramanian of the Peterson Institute for International Economics said in a report released...
CGD in the News
May 13, 2014
When China Real Time last delved into the valuation of Chinese yuan, economist Arvind Subramanian of the Peterson Institute for International Economics came to a surprising conclusion: The yuan was no longer undervalued. China might be shedding its mercantilist ways, he wrote with a co-author, after...
CGD in the News
May 09, 2014
Can India be a manufacturing powerhouse? Three developments make that question salient today. Looming ahead is the demographic bulge, which will disgorge a million young people every month into the economy in search of employment opportunities. Rising labour costs in China create opportunities for l...
CGD in the News
May 07, 2014
Arvind Subramanian, a development economist at the Peterson Institute for International Economics, shares a similar perspective. While there are crucial challenges that call for international collaboration (climate change, new vaccines for diseases of the developing world and technologies to advance...