Chinas Exchange Rate Regime

Author : Mr.Sonali Das
Publisher : International Monetary Fund
ISBN 13 : 1498302033
Total Pages : 31 pages
Book Rating : 4.36/5 ( download)

DOWNLOAD NOW!

Download or read book China’s Evolving Exchange Rate Regime written by Mr.Sonali Das and published by International Monetary Fund. This book was released on 2019-03-07 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over time but is still carefully managed, and depth and liquidity in the onshore FX market is relatively low compared to other countries with de jure floating currencies. Allowing a greater role for market forces within the existing regime, and greater two-way flexibility of the exchange rate, are important steps to build on the progress already made. This should be complemented by further steps to develop the FX market, improve FX risk management, and modernize the monetary policy framework.

Author : China Development Research Foundation
Publisher : Routledge
ISBN 13 : 1317592441
Total Pages : 323 pages
Book Rating : 4.40/5 ( download)

DOWNLOAD NOW!

Download or read book China's Exchange Rate Regime written by China Development Research Foundation and published by Routledge. This book was released on 2014-12-05 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: The imbalance between China’s currency, the RMB, and those of other countries is widely regarded as a major problem for the world economy. There was a reform of China’s exchange rate mechanism in 2005, following which the RMB appreciated 17% against the US dollar, but many people argue that further reform is still needed. This book reports on a major research project undertaken following the 2005 reform to assess the impact on China’s economy. It considers the impact in a number of areas of the economy, including export-oriented companies, the banking industry, international trade, international capital flows, and China’s macroeconomic policy. It concludes that the policies pursued so far have been correct, and that further reform, both to the exchange rate, and to the system overall, would be desirable, but that any reform should be gradual and incremental, preserving economic stability, and integrating changes with reform in other parts of the economy.

Author : Morris Goldstein
Publisher : Peterson Institute
ISBN 13 : 0881325392
Total Pages : 401 pages
Book Rating : 4.93/5 ( download)

DOWNLOAD NOW!

Download or read book Debating China's Exchange Rate Policy written by Morris Goldstein and published by Peterson Institute. This book was released on 2008 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Domestic and International Monetary Policy, Trade, and Technology
Publisher :
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.87/5 ( download)

DOWNLOAD NOW!

Download or read book China's Exchange Rate Regime and Its Effects on the U.S. Economy written by United States. Congress. House. Committee on Financial Services. Subcommittee on Domestic and International Monetary Policy, Trade, and Technology and published by . This book was released on 2004 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Morris Goldstein
Publisher : Peterson Institute
ISBN 13 : 0881325406
Total Pages : 125 pages
Book Rating : 4.09/5 ( download)

DOWNLOAD NOW!

Download or read book The Future of China's Exchange Rate Policy written by Morris Goldstein and published by Peterson Institute. This book was released on 2009 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Paul Sau Leung Yip
Publisher : World Scientific
ISBN 13 : 9814466522
Total Pages : 439 pages
Book Rating : 4.23/5 ( download)

DOWNLOAD NOW!

Download or read book China's Exchange Rate System Reform: Lessons For Macroeconomic Policy Management written by Paul Sau Leung Yip and published by World Scientific. This book was released on 2011-05-26 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author of this book is the original proponent of China's exchange rate system reform announced in 2005. This book discusses:Through these discussions, the author hopes to share his knowledge on macroeconomic policy management accumulated over the past thirty five years. In particular, he would like to share his insights on macroeconomic policy management before, during and after an asset inflation era or a crisis period. He would also like to warn policy makers and financial investors on the likelihood of an asset bubble and then a crisis in economies outside the US. The author hopes this book could eventually stimulate the emergence of “macroeconomic policy management” as a new and important discipline in economics.While the focus of the book is on macroeconomic policy management, it also offers important lessons and strategies on share and property investments. Thus, economists, policy makers, central bank officials, economics students, business and finance professionals, individual investors and academia in other disciplines will find the book useful.

Author : Edwin L.-C. Lai
Publisher : Cambridge University Press
ISBN 13 : 1108491685
Total Pages : 347 pages
Book Rating : 4.86/5 ( download)

DOWNLOAD NOW!

Download or read book One Currency, Two Markets written by Edwin L.-C. Lai and published by Cambridge University Press. This book was released on 2021-07-08 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic analysis of the future of the international monetary system and the USD, and the rising importance of the RMB.

Author : Jingtao Yi
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783838388618
Total Pages : 232 pages
Book Rating : 4.15/5 ( download)

DOWNLOAD NOW!

Download or read book China's Exchange Rates and Exchange Rate Regimes written by Jingtao Yi and published by LAP Lambert Academic Publishing. This book was released on 2010-07 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early years of the twenty-first 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 macroeconomic-balance 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.

Author : Yinggang Zhou
Publisher : Springer Nature
ISBN 13 : 9819711649
Total Pages : 120 pages
Book Rating : 4.42/5 ( download)

DOWNLOAD NOW!

Download or read book Is China's Currency Increasingly Important? written by Yinggang Zhou and published by Springer Nature. This book was released on with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Miaojie Yu
Publisher : Springer Nature
ISBN 13 : 9811575223
Total Pages : 309 pages
Book Rating : 4.28/5 ( download)

DOWNLOAD NOW!

Download or read book Exchange Rate, Credit Constraints and China’s International Trade written by Miaojie Yu and published by Springer Nature. This book was released on 2021-01-05 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, by one of China's leading economists, explores the past and present of the RMB—the people's currency—as it is poised to compete with the dollar as the international reserve currency. Exchange rate movement and its pass-through to changes in domestic prices have been topics of wide concern among economists. However, relatively few studies have empirically investigated the relationship between exchange rate movements and China's international trade.This book fills this gap, using the general equilibrium theory of the western economic science norm systems, integrating the leading heterogeneous firm theory of international trade, attempting to set up a theoretical structural model for further prediction, and applying the data from sample cases to examine the structural model. This book will be of interest to economists, financiers, and China watchers.