However,APEC leaders are expected to call for exchange rates to reflect market realities, apparently referring to the tightly controlled yuan.

VOA: standard.2009.11.13

Next, the report considers how the Fed might have acted had it controlled interest rates in the euro zone.

ECONOMIST: The European Central Bank

Here is why: Before floated in the Shanghai and the Hong Kong Exchanges, Chinese banks operated as government departments, within a central planning environment of controlled interest rates and government mandates.

FORBES: Hong Kong Listed Chinese Banks: Do Investors Know What they are buying?

Brazil is now seeing a growing inflation problem that can only be controlled by higher interest rates, proving, once and for all, that the level of the benchmark Selic rate has not been politicized to the point of immobility, says Tony Volpon, head of emerging markets Americas at Nomura Securities in New York.

FORBES: A Brazil Rate Hike, Sooner Rather Than Later