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With global recovery not in sight, along with calls for stronger structural reform, international policy coordination is again under spotlight. Correcting global imbalance would contribute towards closing the demand gap. Emerging economies in particular should allow greater exchange rate...
Persistent link: https://www.econbiz.de/10012969380
We assess the behavior of real effective exchange rates (REERs) of members of the CEMAC zone with respect to their long-term equilibrium paths. A reduced form of the fundamental equilibrium exchange rate (FEER) model is estimated and associated misalignments are derived for the period 1980 to...
Persistent link: https://www.econbiz.de/10013043660
Persistent link: https://www.econbiz.de/10003315521
.4% between July 2005 and June 2010. We used the export growth and the world exports share methods to determine China …'s international trade competitiveness during the similar period of time. We found that the heavily managed Yuan has not altered China …'s international trade competitiveness after its de-pegging. We imply the findings that China has been protective by involving in large …
Persistent link: https://www.econbiz.de/10013132373
's Republic of China's growth has increased significantly since 2008. In particular, the variance of US dollar exchange rates has …
Persistent link: https://www.econbiz.de/10011992197
People's Republic of China's growth has increased significantly since 2008. In particular, the variance of US dollar exchange …
Persistent link: https://www.econbiz.de/10012861141
from this study show that commodity prices as represented by oil price changes and the growth of China's economy are the …
Persistent link: https://www.econbiz.de/10012062695
and regain autonomy in its monetary policy, China needs to move toward a free floating exchange rate system by refraining …
Persistent link: https://www.econbiz.de/10014055361
Persistent link: https://www.econbiz.de/10014419511
The antecedent studies have designed a novel financial mechanism in which, upon trading intellectual capital, the economy creates or receives money to ensure unimpeded capital access and spur its generation and exploitation. This piece summarises some mathematical aspects, allowing us to apply...
Persistent link: https://www.econbiz.de/10014358610