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Interest Group Influence in Authoritarian States : The Political Determinants of China's Undervalued Exchange Rate

Steinberg, David - 2009

Why has China kept its exchange rate weak and undervalued for most of the past fifteen years? A large literature in IPE … group pressures due to high degree of state autonomy in China. This paper argues that interest group lobbying strongly … influences exchange rate valuation policy - even in the “least-likely” case of China. I contend that exporters have various …

Persistent link: https://www.econbiz.de/10014205367

Model structure and the combined welfare and trade effects of China's trade related policies

Dong, Yan; Whalley, John - 2009

Persistent link: https://www.econbiz.de/10003886386

Is China ready to challenge the dollar? : Internationalization of the renminbi and its implications for the United States

Murphy, Melissa - 2009

Persistent link: https://www.econbiz.de/10003887794

The impacts of Renminbi appreciation on trades flows and reserve accumulation in a monetary trade model

Wang, Li; Whalley, John - 2007

Persistent link: https://www.econbiz.de/10003594990

Debating China's exchange rate policy

Goldstein, Morris (ed.); Lardy, Nicholas R. (contributor) - 2008

Persistent link: https://www.econbiz.de/10003681740

The real exchange rate, mercantilism and the learning by doing externality

Aizenman, Joshua; Yi, Chae-u - 2008

"This paper examines the degree to which the learning by doing externality [LBD] calls for an undervalued exchange rate, a policy suggested by recent empirical studies which concluded that mildly undervalued real exchange rate may enhance growth. We obtain mixed results. For an economy where LBD...