The future of China's exchange rate policy [electronic resource] / Morris Goldstein and Nicholas R. Lardy.
Material type:
- 332.4/560951 22
- HG3978 .G65 2009
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.
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
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