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, loosely based upon China. We calibrate a benchmark equilibrium, and carry out various counter-factual simulations to analyze …
Persistent link: https://www.econbiz.de/10012772930
, loosely based upon China. We calibrate a benchmark equilibrium, and carry out various counterfactual simulations to analyze …
Persistent link: https://www.econbiz.de/10014401067
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This paper investigates China's role in creating global imbalances, and the related call for a massive renminbi … prominence widely attributed to China as a cause of global imbalances and the exclusive focus on the renminbi-dollar exchange … rate as misguided. And we emphasize that China's response to the global crisis has been exemplary. Apart from acting as a …
Persistent link: https://www.econbiz.de/10013137940
This policy brief examines the reasons underlying the leadership decision, the implications of this transition for the United States and the global economy, and the steps that have been taken to embark on the new growth path
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