The future of China's exchange rate policy

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Bibliographic Details
Main Authors: Goldstein Morris 1944-
Group Author: Lardy Nicholas R
Published: Peterson Institute for International Economics,
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.