The future of China's exchange rate policy
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Main Authors: | |
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Group Author: | |
Published: |
Peterson Institute for International Economics,
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Publisher Address: | Washington, DC |
Publication Dates: | 2009. |
Literature type: | Book |
Language: | English |
Series: |
Policy analyses in international economics ; 87 |
Subjects: | |
Carrier Form: | xi, 112 p.: ill. ; 23 cm. |
ISBN: |
9780881324167 (pbk.) 0881324167 |
Index Number: | F832 |
CLC: | F832.6 |
Call Number: | F832.6/G624 |
Contents: |
Includes bibliographical references (p. 97-106) and index. 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. |