China vows more open economy, national treatment for foreign firms

BEIJING, March 22 (Reuters) - Chinese Premier Li Qiang pledged on Sunday to further open up the economy and fully implement ...

Why Europe’s ‘open’ economy of innovation is exposed to global trade shifts

As new targets designed to help the EU economy work towards autonomy are unveiled, Europe’s “old growth” model and its R&D ...
International Monetary Fund

The Importance of Diagnostic Expectations in Open Economies

We develop and estimate a parsimonious New-Keynesian small open-economy model that incorporates Diagnostic Expectations (DE)—a behavioral alternative to Rational Expectations (RE). Under DE, agents ...
East Asia Forum

Economic security comes from openness in Southeast Asia

Major powers are promoting disengagement and isolation from the global economy in their economic security strategies. Southeast Asia has bucked this trend. Deeply dependent on its integration into ...