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focusing in the midst of the crisis on the international financial regulation reform, the G20 has launched at the Pittsburgh …. Moreover, a question remains: the G20 has reacted promptly at the height of the crisis, but it has to prove its legitimacy and …
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Deepening market-driven economic integration in East Asia makes intraregional exchange rate stability across the region increasingly desirable and necessary. This paper suggests that East Asia’s emerging economies begin with a currency basket system based on the G3 (US, Euro area and Japanese)...
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financial crisis has been pursuing a policy to internationalize its currency, the renminbi (RMB). Clearly the exchange rate …
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This paper first reviews recent developments in exchange rate regimes, capital account liberalization, interest rate liberalization, and monetary policymaking in the People's Republic of China (PRC). It then observes that the PRC's monetary policy autonomy may have been reduced with falling...
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