The future of China's exchange rate policy
Salvato in:
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| Natura: | Elettronico eBook |
| Lingua: | inglese |
| Pubblicazione: |
Washington, DC :
Peterson Institute for International Economics,
2009.
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| Serie: | Policy analyses in international economics ;
87. |
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| Accesso online: | An electronic book accessible through the World Wide Web; click to view |
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Sommario:
- Evolution of China's exchange rate in the reform era
- Transition to an equilibrium exchange rate
- Developments since mid-2005
- Challenges facing the Chinese authorities under the existing currency regime
- Independence of monetary policy
- Rebalancing economic growth
- Potential effects of Renminbi appreciation on China's banking system
- External adjustment, global imbalances, and the risk of protectionism
- Policy implications and options
- The stay-the-course strategy
- The three-stage approach.