China's Exchange Rates and Exchange Rate Regimes: Theory, Empirics and Policy,Used

China's Exchange Rates and Exchange Rate Regimes: Theory, Empirics and Policy,Used

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SKU: DADAX3838388615
Brand: LAP Lambert Academic Publishing
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In the early years of the twentyfirst century, China's continuing large current account surpluses and rapid accumulation of foreign exchange reserves have focused considerable global attention on the value of the Chinese currency and the feasibility of its exchange rate regime. Given the fact that any change in China's exchange rate will have a major impact internally as well as externally, the issues of the renminbi appreciation and the optimal option for China's exchange rate regime have become of major concern to China and many other countries. Very little academic literature exists on clarifying these issues theoretically and empirically in an integrated framework and in light of the Chinese distinct experience. This book, therefore, provides a new insight into China's exchange rate policy by applying a macroeconomicbalance approach to analyse the equilibrium exchange rate and the desired exchange regime for China in favour of its required macroeconomic adjustment. The analysis should help build a more informed dialogue between China and the rest of the world and should be also useful to professionals in government, business and other academic organisations.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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