competition policy

Exchange rate transmission to prices in emerging Asia and the role of global shocks

John Beirne / July 21, 2023

Central banks in emerging Asia have helped to bolster the resilience of their economies to external shocks, but the exchange rate channel remains a key transmission mechanism of disturbances.

Rising corporate market power in Asia threatens monetary policy effectiveness

Nuobu Renzhi / March 17, 2023

Market power has been a long-standing concern for many policy makers and academic researchers as it greatly matters for economic welfare and resource allocation.