Bhalla, Surjit S.

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.


Developing countries--Commerce.

HG3852 / B575 D 2012