Banking and Policy Issues Magazine December 2003

About The Region The Region Archive

	Focus on China Progress and Peril in China's Modern Economy Interview with Ping Xie, People's Bank of China What Ails China? A Brief Timeline of the People's Bank of China
China's Rich but Troubled Banking Sector By the Numbers: China and the United States

Top of the Ninth
Minneapolis Fed President Gary Stern on the Fed’s role in community economic development.

European Vacation: Why Americans Work More Than Europeans
Taxes, not culture, account for the difference, according to economist Ed Prescott.

Wives at Work
From 1950 to 1990, married women tripled their hours in the workplace. New research suggests that reduced wage discrimination—not better appliances or higher incomes—caused this sea change in the workforce.

Deflation: Should the Fed be Concerned?
A Minneapolis Fed workshop debates the economics of deflation.

The ABCs of Early Childhood Development
Report from a conference on the economics of early childhood development.

Book Excerpt
Too Big To Fail: The Hazards of Bank Bailouts
By Gary H. Stern and Ron J. Feldman

Book Review
Allan H. Meltzer’s A History of the Federal Reserve,
Volume 1: 1913-1951

Remembering When ...
San Francisco Fed construction in 1980 includes making the building earthquake-resistant.