Washington, DC : Peterson Institute for International Economics, 2009.
Fiziksel Tanımlama:
xi, 112 p. : ill.
Seri:
Policy analyses in international economics ; 87
Policy analyses in international economics ; 87.
İçerik:
Evolution of China's exchange rate in the reform era -- Transition to an equilibrium exchange rate -- Developments since mid-2005 -- Challenges facing the Chinese authorities under the existing currency regime -- Independence of monetary policy -- Rebalancing economic growth -- Potential effects of Renminbi appreciation on China's banking system -- External adjustment, global imbalances, and the risk of protectionism -- Policy implications and options -- The stay-the-course strategy -- The three-stage approach.