1.

Record Nr.

UNINA9910785165303321

Autore

Goldstein Morris <1944->

Titolo

The future of China's exchange rate policy [[electronic resource] /] / Morris Goldstein and Nicholas R. Lardy

Pubbl/distr/stampa

Washington, DC, : Peterson Institute for International Economics, 2009

ISBN

0-88132-516-3

Descrizione fisica

1 online resource (125 p.)

Collana

Policy analyses in international economics ; ; 87

Altri autori (Persone)

LardyNicholas R

Disciplina

332.4/560951

Soggetti

Foreign exchange rates - China

International economic relations

China Commerce

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references (p. 97-106) and index.

Nota di contenuto

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.