Showing 1 - 10 of 2,891
Persistent link: https://www.econbiz.de/10011695809
The paper assesses the extent to which the Group of Seven (G7) has been successful in its management of major currencies since the 1970s. Using an event-study approach, the paper finds evidence that the G7 has been overall effective in moving the US dollar, yen and euro in the intended direction...
Persistent link: https://www.econbiz.de/10011604998
provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese monetary …
Persistent link: https://www.econbiz.de/10010264171
China's integration into the world economy has benefited its people by reducing poverty and raising living standards … geopolitical concerns as China's power grows, economic concerns as the manufacturing base in many industrialized countries erodes …, and polemics as proposals of protectionist measures to counter China's export growth are put forward. The author reviews …
Persistent link: https://www.econbiz.de/10010289674
euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi … global financial crisis. These results are consistent with China’s dominance hypothesis and with the view that the … international monetary system is already tri-polar. However, we also find that China’s currency movements are to some extent …
Persistent link: https://www.econbiz.de/10011605438
potentially subsidized capital allocation in China the real yuan/dollar rate is undervalued. This has caused -both in China and …
Persistent link: https://www.econbiz.de/10010275052
This paper analyzes the optimal transition of the exchange rate regime in the People's Republic of China (PRC). How the …
Persistent link: https://www.econbiz.de/10010397284
This paper deals with two related issues: the sustainability of China’s exchange rate regime and the opening up of its … to avoid disruptive capital flows. The paper discusses China’s twin surpluses of the current and capital accounts and … the outlook for Chinese capital flows should barriers to capital movements be lifted. It argues that whether China …
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 …
Persistent link: https://www.econbiz.de/10010273126
The British foreign exchange reserves decreased by 40 percent during the period August 1996-December 1999 although the Pound Sterling is considered a floating exchange rate since it left the EMS in 1992. Since changes in the level of foreign exchange reserves are usually taken as indicators for...
Persistent link: https://www.econbiz.de/10010297719