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imports from China are offset by negative effects on U.S. output from increased inflation and from a decrease in U.S. exports … to China because of a Chinese contraction …
Persistent link: https://www.econbiz.de/10014197120
Persistent link: https://www.econbiz.de/10013371257
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China has taken some effective steps to shake off the effects of “COVID-19” and its economic development is unceasing … recovery. Therefore, many foreign investments go into the Chinese market and lead to RMB appreciation, which would affect China … by 1% is relatively low when RMB appreciates. So China may grasp RMB appreciation’s opportunity according to market …
Persistent link: https://www.econbiz.de/10014358178
International pressure to revalue China’s currency stems in part from the expectation that rapid economic growth should …. Yet, despite extraordinary growth after the mid-1990s China’s real exchange rate showed no tendency to appreciate until … rural terms of trade has tightened China’s labour market. We show that, should the Chinese government bow to international …
Persistent link: https://www.econbiz.de/10014190441
Enormous trade surpluses are problematic for the People's Republic of China (PRC) and the rest of the world. They …
Persistent link: https://www.econbiz.de/10013141200
Hong Kong’s currency is pegged to the US dollar in a currency board arrangement. In autumn 2003, the Hong Kong dollar appreciated from close to 7.80 per US dollar to 7.70, as investors feared that the currency board would be abandoned. In the wake of this appreciation, the monetary authorities...
Persistent link: https://www.econbiz.de/10003928260
Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
Persistent link: https://www.econbiz.de/10010435788
Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
Persistent link: https://www.econbiz.de/10011075721
Persistent link: https://www.econbiz.de/10009727412