From the Research Division of the Federal Reserve Bank of St. Louis this Working Paper Withstanding Great Recession like China should be read by everyone interested in global macroeconomics (everyone?); not just China wonks. In it Mr. Yi Wen Jing of the Federal Reserve Bank of St. Louis and Mr. Jing Wu of Tsinghua University explain […]
Category: Sunday Papers
In summary There are of course more than three views on this subject. However, as the author in the first piece highlighted wryly observes, most recently, ‘..the quantity of debate has not been matched by quality.’ The common thread to these three different takes on this subject though is that numbers may not be wholly […]
China in Africa In this paper co-authored by Mr. Thompson Ayodele and Mr. Olusegun Sotola of the Nigerian based think tank the Initiative for Public Policy Analysis (IPPA) they look at China’s involvement in Africa. Much has been written on the subject but so little from an African perspective. Their take is refreshing in that […]
Last week I circulated a link to a paper that showed non-performing CEOs of China’s state owned enterprises get reliably dumped in the event of non-performance. That led me to a next question, answered in the paper I’m highlighting this week. In ‘Does CEO turnover matter in China? Evidence from the stock market’ Mr. Pierre […]
In ‘CEO Turnover in China: the Role of Market-based and Accounting Performance Measures’ Mr. Martin J. Conyon of Lancaster University and Ms. Lerong He of the State University of New York examine how likely Chinese CEOs are to be booted in the event of either poor company or poor stock price performance? In this paper, […]