Name: China's Exchange Rate Regime (Routledge Studies on the Chinese Economy) (en Inglés)
Price: 191386.00 COP
Availability: InStock
Author: China Development Research Foundation
ISBN: 9781138481596

portada China's Exchange Rate Regime (Routledge Studies on the Chinese Economy) (en Inglés)

Formato

Libro Físico

Editorial

Routledge

Autor

China Development Research Foundation

Año

2018

Idioma

Inglés

N° páginas

322

Encuadernación

Tapa Blanda

ISBN13

9781138481596

N° edición

Categorías

Cambio de divisas

China's Exchange Rate Regime (Routledge Studies on the Chinese Economy) (en Inglés)

China Development Research Foundation (Autor) · Routledge · Tapa Blanda

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Reseña del libro "China's Exchange Rate Regime (Routledge Studies on the Chinese Economy) (en Inglés)"

The imbalance between China’s currency, the RMB, and those of other countries is widely regarded as a major problem for the world economy. There was a reform of China’s exchange rate mechanism in 2005, following which the RMB appreciated 17% against the US dollar, but many people argue that further reform is still needed. This book reports on a major research project undertaken following the 2005 reform to assess the impact on China’s economy. It considers the impact in a number of areas of the economy, including export-oriented companies, the banking industry, international trade, international capital flows, and China’s macroeconomic policy. It concludes that the policies pursued so far have been correct, and that further reform, both to the exchange rate, and to the system overall, would be desirable, but that any reform should be gradual and incremental, preserving economic stability, and integrating changes with reform in other parts of the economy.