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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 discusses the global financial crisis of 2008/9 in thirteen countries, the ten new EU members that previously were communist and the three countries of Western former Soviet Union. Their problems were excessive current account deficits and private foreign debt, currency mismatches,...
Persistent link: https://www.econbiz.de/10011430838
In this Policy Contribution, Jean Pisani-Ferry observes the lack of European interest towards China's exchange policy … renminbi, and they can be expected to adopt an increasingly active stance on China's exchange rate policy. …
Persistent link: https://www.econbiz.de/10010273716
Persistent link: https://www.econbiz.de/10013168612
Persistent link: https://www.econbiz.de/10013168623
China's exchange-rate policy has been under attack in the last years, especially in the United States. Now the critique … between China's allegedly undervalued currency European Union's soaring bilateral trade deficit with China. This Policy Brief … discusses EU-China trade relations in the context of China's exchange-rate policy. Especially it scrutinizes the assumptions …
Persistent link: https://www.econbiz.de/10011790235
This paper provides a comprehensive overview of the use of the Eurosystem’s monetary policy instruments and the operational framework from the first quarter of 2009 until the second quarter 2012. The paper discusses in detail, from a liquidity management perspective, the standard and...
Persistent link: https://www.econbiz.de/10011606287
In this paper, original written for the Economic and Monetary Affairs Committee (ECON) of the European Parliament on 30 November as part of the series entitled 'The threat of currency wars: global imbalances and their effects on currencies', Bruegel Fellows Jean Pisani-Ferry and Zsolt Darvas...
Persistent link: https://www.econbiz.de/10010273698
Persistent link: https://www.econbiz.de/10010276331
One of the most important variables in the study of the North Korean economy is market prices and foreign exchange rates. This is because of the assumption that the two variables immediately reflect the status and trends of the North Korean economy. In fact, many North Korean economic studies...
Persistent link: https://www.econbiz.de/10012704270