Hisham Alrayes, CEO of GFH Financial Group, said China is prioritizing open models to spread AI's gains across its economy.

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 ...

Indonesia has unveiled the Indonesia Open Network, an open digital commerce infrastructure, drawing on India’s ONDC model ...

Our eLibrary offers over 25,000 IMF publications in multiple formats. We present an Open Economy HANK model with relevant features for Low-Income Countries (LICs): hand-to-mouth households and a ...

When bubbles burst, what comes next can be better, if we build it differently ...

China’s economy is at a transformational moment. For more than two decades, a growth model centered on the debt-fueled construction of housing and infrastructure propelled the country’s rapid ...

Even as concern and skepticism grows over U.S. AI startup OpenAI's buildout strategy and high spending commitments, Chinese open source AI providers are escalating their competition and one has even ...