DEMANDING DEVALUATION -- Contents -- List of Figures -- List of Tables -- Acknowledgments -- List of Abbreviations -- Introduction -- 1. A Conditional Preference Theory of Undervalued Exchange Rates -- 2. Cross-Country Patterns in Exchange Rate Policy and Preferences -- 3. Why China Undervalues...

This paper starts out from James C. Scott's seminal book "Weapons of the Weak" dealing with everyday forms of collective action by private entrepreneurs. It raises the question by what kind of formal and informal mechanisms Chinese entrepreneurs exert political influence in order to protect or...