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We study the impact of a minimum wage on business cycle volatility, depending upon its coverage and adjustment mechanism. As with other small open economies, Hong Kong SAR is vulnerable to external shocks, with its exchange rate regime precluding...
Hong Kong SAR's economic integration with the Mainland has primarily taken place in the Pearl River Delta (PRD). Taking stock of integration trends, this paper discusses key implications for ensuring economic benefits of further integration are...
Since the war on terrorism began in 2001 and the Millennium Challenge Account (MCA) and Global HIV/AIDS Initiative (GHAI) were launched in 2004, the United States has increased foreign aid spending dramatically in some regions, including East and...
U.S. officials saw relations with Taiwan as especially troubled during the 109th Congress in 2005-2006, beset by the increasing complexity and unpredictability of Taiwan’s democratic political environment as well as by PRC actions underscoring...
The current turmoil in global financial markets, which began with the American subprime crisis in 2007, has put market liberalism in a bad light.
But it was the socialization of risk—not private free markets—that precipitated the crisis....
China’s successful test of an anti-satellite weapon in 2007, followed by the US destruction earlier this year of an out-of-control American satellite, demonstrated that space may soon no longer remain a sanctuary from military conflict. As the...
According to conventional wisdom, the United States and China are locked in a high-stakes competition for energy resources around the world, particularly in Africa. Against the backdrop of highly volatile oil prices, mounting concerns about...
In a large turnout on March 22, 2008, voters in Taiwan elected as president Mr. Ma Ying-jeou of the Nationalist (KMT) Party. Mr. Ma out-polled rival candidate Frank Hsieh, of the pro-independence Democratic Progressive Party (DPP), by a 2.2...
Written less than two weeks before the 2008 Beijing Olympics, this papers assesses progress made by the Chinese authorities to improve human rights in line with their own commitments made in 2001. This report provides a final summary and updates...
China has experienced a sharp rise in the inflow of so-called “hot money,” foreign capital entering the country supposedly seeking short-term profits, especially in 2008. Chinese estimates of the amount of “hot money” in China vary from $500...
This report concerns human rights issues surrounding the suppression of Tibetan protesters in Nepal. Following a Chinese governmental crackdown in Tibet in 2008, many Tibetans in Nepal began to protest. Nepali authorities have harshly suppressed...
This report focuses on the treatment of foreign journalists by the Chinese government. In the buildup to the Beijing 2008 Olympics, the authors contend, the Chinese government has tried to force foreign journalists to avoid sensitive issues. As a...
On March 10, 2008, a series of demonstrations began in Lhasa and other Tibetan regions of China to mark the 49th anniversary of an unsuccessful Tibetan uprising against Chinese rule in 1959. The demonstrations appeared to begin peacefully with...
From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to ¼ of disposable income. The authors use household-level data to explain the postponing of consumption despite rapid income growth. Saving rates...
This report, written in the aftermath of the widespread Tibetan unrest in Tibet and Tibetan regions of China in the spring of 2008, addresses the Chinese government with immediate demands. In cracking down on unrest, the Chinese government sealed...
China has a determined, yet still modest, program of civilian space activities planned for the next decade. The potential for U.S.-China cooperation in space—an issue of interest to Congress—has become more controversial since the January 2007...
The number of religious believers in China continues to grow almost exponentially, far outpacing population growth. Of the officially tolerated faiths, Christianity has grown at the fastest pace. As of 2005, Christians were approaching 5 percent...
The World Health Organization and the Government of the People’s Republic of China have been working together to improve the health of people throughout China for many decades. The first Country Cooperation Strategy (CCS) in China covered the...
Communicable disease risk assessments are written and produced rapidly in response to acute humanitarian emergencies resulting from natural disasters, sudden conflict or civil strife. Risk assessments identify the communicable disease threats...
This report delves into the situation of the children of undocumented North Korean refugees and Chinese nationals in the Yanbian Korean Autonomous Prefecture. It explains that many children of North Korean parents are not able to be registered...
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