The Chinese Currency and Global Rebalancing: A Discussion
Data(s) |
01/01/2013
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Resumo |
Perceived to be substantially undervalued, the Chinese currency, the yuan, has attracted much attention in recent years, especially since the recession of 2008-2009. To remedy the situation, a proposal put forward recently by C. Fred Bergsten is noteworthy, for its impressive boldness in calling for drastic US policy actions, and for the potentially far-reaching impacts on the global rebalancing and recovery it may bring about. The purpose of this article is twofold: to assess the underlying analytical validity of this proposal and to explore its implications for the US, China and the rebalancing and recovery of the world economy. |
Identificador | |
Publicador |
Bucknell Digital Commons |
Fonte |
Faculty Journal Articles |
Palavras-Chave | #Finance and Financial Management |
Tipo |
text |