2  Deb Lindner and William Wascher, of the Board’s staff, contributed to these remarks. The views expressed are my own and are not necessarily shared by my colleagues on the Board or the FOMC.
3  See, for example, International Monetary Fund (2005), "Mexico: Staff Report for the 2005 Article IV Consultation," October 2005; and Alan G. Ahearne, John G. Fernald, Prakash Loungani, and John W. Schindler (2003), "China and Emerging Asia: Comrades or Competitors?" International Finance Discussion Paper 2003-789 (Washington: Board of Governors of the Federal Reserve System, December).