Showing 1 - 10 of 67
This paper deals with two related issues: the sustainability of China’s exchange rate regime and the opening up of its capital account. The exchange rate discussion deliberately passes over the issue of the “equilibrium” value of the renminbi and its alleged undervaluation – typically at...
Persistent link: https://www.econbiz.de/10011606234
This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were the two driving forces of the growth process. FDI plays...
Persistent link: https://www.econbiz.de/10010273126
The paper argues that persistent current account surpluses and increasing foreign currency-denominated asset positions constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate cuts and appreciation expectation shocks. For...
Persistent link: https://www.econbiz.de/10011480485
On August 11 2015, China revamped its procedure of setting the official central parity of the renminbi (RMB) against the US dollar. Our empirical investigation shows that the intertemporal dynamics of China’s central parity are not the same before and after this policy change. They are more...
Persistent link: https://www.econbiz.de/10011522463
Through a series of interpretative textual analysis on the sustainability related non-financial disclosures of two large agribusinesses in the People's Republic of China, this paper intends to reveal how these reports are used to respond to institutional and social pressures, and how the firms...
Persistent link: https://www.econbiz.de/10012217615
rates in China and India. India and Russia's sophistication indexes surpassed that of Brazil in 2007, which signal that …
Persistent link: https://www.econbiz.de/10010306928
Milk production is a very important element of the whole dairy chain. The BRIC countries are among the top 6 milk producing countries and produce nearly one third of the world's total milk volume. A large number of dairy animals and a relatively low milk output per animal show a great potential...
Persistent link: https://www.econbiz.de/10010306943
examine the viability of Resource Curse theory for Iran, Russia and Norway to see whether natural resources are curse or … Iran with Turkey and Russia with China to illustrate the negative effects of oil revenue on economic performance. The … successful oil rich country shows that efficient institutions can turn natural resource into blessing; while Iran's and Russia …
Persistent link: https://www.econbiz.de/10010330964
for the future. The study starts with a much discussed question: why Russia did worse economically during transition than …
Persistent link: https://www.econbiz.de/10010333038
Russland treffen die Auswirkungen der internationalen Finanzkrise und fallender Energiepreise zu einem ungünstigen Zeitpunkt: In den kommenden zwei Jahren muss Russland internationale Kredite in erheblicher Höhe bedienen. Aktuell zeigt sich eine deutliche Abnahme der Währungsreserven sowie...
Persistent link: https://www.econbiz.de/10011601940