ID | 122989 |
Title Proper | Chinese currency and global rebalancing |
Other Title Information | a discussion |
Language | ENG |
Author | Wei Ge |
Publication | 2013. |
Summary / Abstract (Note) | Perceived to be substantially undervalued, the Chinese currency, the yuan, has attracted much attention in recent years, especially since the recession of 2008-2009. To remedy the situation, a proposal put forward recently by C. Fred Bergsten is noteworthy, for its impressive boldness in calling for drastic US policy actions, and for the potentially far-reaching impacts on the global rebalancing and recovery it may bring about. The purpose of this article is twofold: to assess the underlying analytical validity of this proposal and to explore its implications for the US, China and the rebalancing and recovery of the world economy. |
`In' analytical Note | China: An International Journal Vol. 11, No.1; Apr 2013: p.55-74 |
Journal Source | China: An International Journal Vol. 11, No.1; Apr 2013: p.55-74 |
Key Words | World Economy ; China ; United States ; Global Rebalancing ; Chinese Currency ; Yuan |