Showing 1 - 10 of 7,971
The author examines China's monetary policy in the light of the sterilization process of the excess liquidity caused by … relationship between China and the European Union is investigated. It is pointed out that China's role as a global importer and a … global investor has been significantly appreciated. Thanks to China's active economic presence in the European market during …
Persistent link: https://www.econbiz.de/10013099553
Who has been in the driving seat promoting internationalization of the Chinese renminbi? Why has this actor been pushing it? How has the project managed to acquire support from other domestic actors? This study addresses these issues, highlighting the leading role of the Chinese central bank in...
Persistent link: https://www.econbiz.de/10012830667
This article seeks to demonstrate the stability of US-China monetary relations before and after the 2007-09 financial … crisis. Domestic and international factors make the disruption of the US-China monetary relation extremely unlikely. On the … domestic side, China faces a delicate political situation and US political rhetoric has not been matched with concrete measures …
Persistent link: https://www.econbiz.de/10014202673
The purpose of this paper is to examine how important an improvement in global monetary policy might be for the macroeconomic performance of a small open economy such as the United Kingdom. Our paper contributes to the literature by proposing a new methodology to treat indeterminate solutions...
Persistent link: https://www.econbiz.de/10014214070
analyze China’s role in global inflation dynamics. We identify Chinese supply and demand shocks and examine their … competition and commodity prices) seem both to matter; (iii) Differences in trade (overall and with China) and in commodity … exposure help explaining crosscountry differences in price responses. -- Global inflation ; China ; international business …
Persistent link: https://www.econbiz.de/10009732001
analyze China's role in global inflation dynamics. We identify Chinese supply and demand shocks and examine their … competition and commodity prices) seem both to matter; (iii) Differences in trade (overall and with China) and in commodity …
Persistent link: https://www.econbiz.de/10012988792
Taiwan faces the average monthly real wages fall to the 1998 level, but the researches only express the fact without discussing the reasons. Many Taiwan scholars try to explain the change of wages according to the economic theories such as New Keynesian theory or wage curve from the average view...
Persistent link: https://www.econbiz.de/10013078491
China has created an economic miracle since its economic reforms began in the late 1970s, becoming the fastest growing … economy in the world. The tremendous success of China’s economy has attracted worldwide attention. But at the same time, it …. Could the end of the China miracle be near or is China on track to become the dominating global superpower? This paper …
Persistent link: https://www.econbiz.de/10014103773
For a long time, China's impressive growth performance has been driven by investment and high productivity gains. Based … on the recent discussion on possible overcapacities and overinvestment in China, the paper investigates the … sustainability of China's investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant …
Persistent link: https://www.econbiz.de/10012866404
To empirically investigate whether the Belt and Road Initiative (BRI) acts as a catalyst to the forming of a regional RMB bloc, we explore the co-movements between the RMB and the currencies of BRI countries from July 21, 2005 to December 31, 2018 using a modified Frankel-Wei model. We find that...
Persistent link: https://www.econbiz.de/10013222149