LEADER 05436nam 2200721 a 450 001 9910969927303321 005 20251116231159.0 010 $a1-281-39712-1 010 $a9786611397128 010 $a0-88132-486-8 010 $a1-4356-5537-0 035 $a(CKB)1000000000535169 035 $a(EBL)3385476 035 $a(OCoLC)666925337 035 $a(SSID)ssj0000135692 035 $a(PQKBManifestationID)11132412 035 $a(PQKBTitleCode)TC0000135692 035 $a(PQKBWorkID)10063875 035 $a(PQKB)11538342 035 $a(MiAaPQ)EBC3385476 035 $a(Au-PeEL)EBL3385476 035 $a(CaPaEBR)ebr10231497 035 $a(CaONFJC)MIL139712 035 $a(BIP)46630165 035 $a(BIP)18689530 035 $a(EXLCZ)991000000000535169 100 $a20080211d2008 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aDebating China's exchange rate policy /$fMorris Goldstein, Nicholas R. Lardy, editors 205 $a1st ed. 210 $aWashington, DC $cPeterson Institute for International Economics$d2008 215 $a1 online resource (401 p.) 300 $aProceedings of a conference. 311 08$a0-88132-415-9 320 $aIncludes bibliographical references and index. 327 $aCover; Contents; Preface; Acknowledgments; Chapter 1: China's Exchange Rate Policy: An Overview of Some Key Issues; Challenges Facing the Chinese Authorities under the Existing Currency Regime; Policy Implications and Options; References; Comment: China's Industrial Investment Boom and the Renminbi; Comment: Renminbi Revaluation and US Dollar Depreciation; Chapter 2: Monetary Policy Independence, the Currency Regime, and the Capital Account in China; Investment-Led Growth; Macroeconomic Policies; Path to Reforms; An Alternative Monetary Policy Framework; Conclusion; References 327 $aComment: Some Bubbles in the Discussion of the Chinese Exchange Rate Policy Comment: The Open Economy Trilemma: An Alternative View from China's Perspective; Chapter 3: Rebalancing China's Growth; China's Past Growth Performance; An Alternative Growth Strategy for China; Conclusion; References; Comment: Approaches to Rebalancing China's Growth; Comment: Domestic Imbalances and Data Ambiguities; Chapter 4: Estimates of the Equilibrium Exchange Rate of the Renminbi: Is There a Consensus and, If Not, Why Not?; Approaches and Methodological Issues; Review of Estimates; Conclusion; References 327 $aComment: Equilibrium Exchange Rate of the Renminbi Comment: Toward a Balanced Approach; Chapter 5: The Management of China's International Reserves: China and a Sovereign Wealth Fund Scoreboard; References; Appendix 5A: A Scoreboard for Sovereign Wealth Funds; Comment: Toward a Better Understanding of Sovereign Wealth Funds; Comment: Impact of China Investment Corporation on the Management of China's Foreign Assets; Chapter 6: The US Congress and the Chinese Renminbi; Legislation as a Lever?; Engaging the WTO?; Giving a Larger Voice to Congress?; Mirror Legislation Abroad?; References 327 $aComment: The Politics of Trade Frictions Chapter 7: Influence of the Renminbi on Exchange Rate Policies of Other Asian Currencies; Overview of Exchange Rate Developments, 2004-07; Exchange Rate Regimes in East Asia; Basket Currency Proposals; Political Economy; Global Imbalances and East Asia; Concluding Remarks; References; Appendix 7A: Public Announcement of the People's Bank of China on Reforming the RMB Exchange Rate Regime, July 21, 2005; Comment: The Regional Currency Unit and Exchange Rate Policy Cooperation in East Asia 327 $aComment: The End of Europe's Long-Standing Indifference to the Renminbi Chapter 8: IMF Surveillance over China's Exchange Rate Policy; China's Exchange Rate Policy; The Monetary Approach: Explaining Some Chinese Puzzles; The Problem of Global Imbalances; What To Do Now; Accountability; References; Comment: The IMF's Approach to Surveillance; Chapter 9: Commentary; Andrew Crockett; Fan Gang; C. Fred Bergsten; Lawrence H. Summers; Keynote Address China's Exchange Rate Policy and Economic Restructuring; About the Contributors; Index 330 $aHalf or more of the annual gains from trade would come from the removal of industrial-country protection against developing-country exports. By removing their trade barriers, industrial countries could convey economic benefits to developing countries worth about twice the amount of their annual development assistance. By helping developing countries grow through trade, moreover, industrial countries could lower costs to consumers for imports and realize other economic efficiencies. 606 $aForeign exchange rates$zChina$vCongresses 606 $aForeign exchange$xGovernment policy$zChina$vCongresses 606 $aCurrency question$zChina$vCongresses 606 $aMonetary policy$zChina$vCongresses 615 0$aForeign exchange rates 615 0$aForeign exchange$xGovernment policy 615 0$aCurrency question 615 0$aMonetary policy 676 $a332.4/560951 701 $aGoldstein$b Morris$f1944-$0124127 701 $aLardy$b Nicholas R$0121566 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910969927303321 996 $aDebating China's exchange rate policy$94477484 997 $aUNINA