Devaluing to prosperity:misaligned currencies and their growth consequence

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Bibliographic Details
Main Authors: Bhalla Surjit S
Published: Peterson Institute for International Economics,
Publisher Address: Washington, DC
Publication Dates: c2012.
Literature type: Book
Language: English
Subjects:
Carrier Form: xviii, 263 p.: ill. ; 23 cm.
ISBN: 9780881326239
0881326232
Index Number: F821
CLC: F821.5
Call Number: F821.5/B575
Contents: Includes bibliographical references and index.
Introduction -- The determinants of economic growth -- Currency valuation, savings, and the current account -- Measuring currency valuation -- The yin and yang of investment -- Is the real exchange rate endogenous? -- Rashomon rules: US dollar, euro dollar? -- Currency valuation and growth -- Policy failures and growth miracles -- Mercantilism and miracles -- Institutions versus exchange rate policy -- Currency undervaluation: a time-tested policy for growth -- The economics of the yen and the renminbi -- Changing times, changing views -- Conclusion.