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In the last ten years, economic issues related to currency policy have become the major ongoing dispute between China … how "liberal"; identity in the U.S. is constructed in relation to the role attributed to "illiberal" China, which in turn … affects the formulation of China policy by the U.S. Congress. -- China ; U.S. Congress ; economy ; currency ; identity …
Persistent link: https://www.econbiz.de/10009154809
This paper examines the consequences of heightened capital mobility and of the integration of developing economies in increasingly globalized markets for the exchange rate regimes of the industrial, developing, and transition economies. It builds upon previous studies by IMF staff on various...
Persistent link: https://www.econbiz.de/10014404968
This paper studies a particular aspect of the choice of exchange rate regime by EU candidate countries in the run-up to membership of European Economic and Monetary Union (EMU). The fact that these countries have adopted various exchange rate systems reflects a divergence of opinion on the...
Persistent link: https://www.econbiz.de/10011419367
Persistent link: https://www.econbiz.de/10010468983
Persistent link: https://www.econbiz.de/10009554661
When I wrote my book on EMU four years ago (Kenen 1995), very little had been written on the international dimensions of EMU. There was a chapter in the Commission's path-breaking study (European Commission, 1990). There were papers by Alogoskoufis and Portes (1991, 1992), Cooper (1992),...
Persistent link: https://www.econbiz.de/10011417086
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The U.S. real effective exchange rate is at its highest level since 1985. In that year, the U.S. and its trading partners coordinated a depreciation of the dollar and the U.S. agreed to reduce its budget deficit. This paper reports that a dollar depreciation today would still improve U.S. trade...
Persistent link: https://www.econbiz.de/10014413932
We are now in the era of the G8, although the G7 still exists as a grouping for Finance Ministers. Why do G7 finance ministries and central banks co-operate? What are the implications of this co-operation for US power and the abilities of the other six states to exercise leadership? What role do...
Persistent link: https://www.econbiz.de/10012608641