Devaluing to prosperity : misaligned currencies and their growth consequence /
Surjit S. Bhalla.
- Washington, DC : Peterson Institute for International Economics, 2012.
- 263 p. : ill.
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. HKBU library
YT2025 M10
9780881326239
Devaluation of currency. Economic development--Developing countries. International trade. Foreign exchange rates. Monetary policy.