We now have substantial empirical evidence documenting the benefits of diversity in broadening the range of ideas and perspectives that are brought to bear on solving problems, and thereby contributing to better outcomes, both in research and in policy. Studies suggest that increased diversity alters group dynamics and decisionmaking in positive ways.
Measured by the difference between the yield on 2-year government bonds and the core consumer price index (CPI), China's real interest rate is around 1.7 percent, which is similar to that in the United States after a sharp hike, and is significantly higher than that of developed economies such as Germany and Japan.