The future of China's exchange rate policy /
Morris Goldstein and Nicholas R. Lardy.
- Washington, DC : Peterson Institute for International Economics, 2009.
- 112 p. : ill.
- Policy analyses in international economics ; 87 .
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. HKBU library
YT2025 M10
9780881324167 0881324167
Foreign exchange rates--China. International economic relations.