Devaluing to prosperity:misaligned currencies and their growth consequence
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Main Authors: | |
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Published: |
Peterson Institute for International Economics,
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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. |