The paper updates the answer to the question: what precisely is the exchange rate regime that China has put into place …

provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese monetary …

The paper updates the answer to the question: what precisely is the exchange rate regime that China has put into place …

China's integration into the world economy has benefited its people by reducing poverty and raising living standards … geopolitical concerns as China's power grows, economic concerns as the manufacturing base in many industrialized countries erodes …, and polemics as proposals of protectionist measures to counter China's export growth are put forward. The author reviews …

for China. (i) Although foreign exchange reserves are a useful shield against currency crises, by now China's current … independent policy instruments (e.g. the real exchange rate and the interest rate). (iv) A large economy like China can achieve … in China are lownot just low relative to the US (0.23), but also low by the standards of a BalassaSamuelson relationship …