Letter from Dresden

posted in: International affairs | 2

The city of Dresden, capital of the Free State of Saxony, in the east of Germany, has a grimly melancholy reputation in the UK as the town most comprehensively destroyed by Allied bombing during World War II, a level of … Continued

The international impact of abolishing China’s capital controls

Perhaps a little lost in the Christmas shopping rush was an interesting article in the 2013 Q4 Bank of England Quarterly Bulletin about what might happen when China finally abolishes all controls on its international capital flows, consistent with its … Continued