Quah, Chee-Heong; Crowley, Patrick M. - In: Prague Economic Papers 2012 (2012) 4, pp. 391-411
This paper attempts to assess how compatible China is with respect to its dollar-based exchange rate regime. Assessment … endogenous problem in OCA analysis and this view of convergence criteria, the relevant features of China are evaluated against … conditions in China broadly conform to those prevailing in these economies which maintain strong links to the US dollar. …