China’s Evolving Exchange Rate Regime

Download China’s Evolving Exchange Rate Regime PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498302025
Total Pages : 31 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis China’s Evolving Exchange Rate Regime by : Mr.Sonali Das

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.

Dominant Currency Paradigm: A New Model for Small Open Economies

Download Dominant Currency Paradigm: A New Model for Small Open Economies PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484330609
Total Pages : 62 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Dominant Currency Paradigm: A New Model for Small Open Economies by : Camila Casas

Download or read book Dominant Currency Paradigm: A New Model for Small Open Economies written by Camila Casas and published by International Monetary Fund. This book was released on 2017-11-22 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer’s currency or in local currency. We model instead a ‘dominant currency paradigm’ for small open economies characterized by three features: pricing in a dominant currency; pricing complementarities, and imported input use in production. Under this paradigm: (a) the terms-of-trade is stable; (b) dominant currency exchange rate pass-through into export and import prices is high regardless of destination or origin of goods; (c) exchange rate pass-through of non-dominant currencies is small; (d) expenditure switching occurs mostly via imports, driven by the dollar exchange rate while exports respond weakly, if at all; (e) strengthening of the dominant currency relative to non-dominant ones can negatively impact global trade; (f) optimal monetary policy targets deviations from the law of one price arising from dominant currency fluctuations, in addition to the inflation and output gap. Using data from Colombia we document strong support for the dominant currency paradigm.

Debating China's Exchange Rate Policy

Download Debating China's Exchange Rate Policy PDF Online Free

Author :
Publisher : Peterson Institute
ISBN 13 : 0881325392
Total Pages : 401 pages
Book Rating : 4.8/5 (813 download)

DOWNLOAD NOW!


Book Synopsis Debating China's Exchange Rate Policy by : Morris Goldstein

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:

China-U.S. Trade Issues

Download China-U.S. Trade Issues PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (518 download)

DOWNLOAD NOW!


Book Synopsis China-U.S. Trade Issues by : Wayne M. Morrison

Download or read book China-U.S. Trade Issues written by Wayne M. Morrison and published by . This book was released on 2003 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Unloved Dollar Standard

Download The Unloved Dollar Standard PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0199937001
Total Pages : 237 pages
Book Rating : 4.1/5 (999 download)

DOWNLOAD NOW!


Book Synopsis The Unloved Dollar Standard by : Ronald I. McKinnon

Download or read book The Unloved Dollar Standard written by Ronald I. McKinnon and published by Oxford University Press. This book was released on 2013 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Th world dollar standard greatly facilitates international exchange. Since the Bretton Woods Agreement of 1945, the dollar has been the key currency for clearing international payments among banks, including government interventions to set exchange rates. IT is the dominant currency for invoicing trade in primary commodities and official exchange reserves.

Currencies, Commodities and Consumption

Download Currencies, Commodities and Consumption PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 110701476X
Total Pages : 401 pages
Book Rating : 4.1/5 (7 download)

DOWNLOAD NOW!


Book Synopsis Currencies, Commodities and Consumption by : Kenneth W. Clements

Download or read book Currencies, Commodities and Consumption written by Kenneth W. Clements and published by Cambridge University Press. This book was released on 2013-01-31 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses economic issues associated with exchange rates, commodity prices, the economic size of countries and alternatives to PPP exchange rates.

Exchange Rate Volatility and Trade Flows--Some New Evidence

Download Exchange Rate Volatility and Trade Flows--Some New Evidence PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498330282
Total Pages : 132 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Exchange Rate Volatility and Trade Flows--Some New Evidence by : International Monetary Fund

Download or read book Exchange Rate Volatility and Trade Flows--Some New Evidence written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-05-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

China's Exchange Rate Regime

Download China's Exchange Rate Regime PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1317592433
Total Pages : 343 pages
Book Rating : 4.3/5 (175 download)

DOWNLOAD NOW!


Book Synopsis China's Exchange Rate Regime by : China Development Research Foundation

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 343 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.

US-China Economic Relations

Download US-China Economic Relations PDF Online Free

Author :
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881327395
Total Pages : pages
Book Rating : 4.8/5 (813 download)

DOWNLOAD NOW!


Book Synopsis US-China Economic Relations by : Ha Jiming

Download or read book US-China Economic Relations written by Ha Jiming and published by Peterson Institute for International Economics. This book was released on 2019-04-25 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Outright trade war between the world’s two largest economies would be devastating to the working people of both countries, as well as destructive to the future of the entire world economy. The costs of conflict between China and the United States far outweigh the current causes of dispute in their economic relationship. These costs would be both direct, in terms of short-term losses of growth and employment, and indirect, in terms of long-term damage to the world trading system, diminishing investment and efficiency. There are points of genuine dispute between the United States and China over their economic interaction. Even if their economic significance is often exaggerated, these are legitimate points of contention and have to be addressed in a constructive manner. The analyses in this volume aim to contribute to a more reality-based consideration of both countries’ enlightened self-interests, which would yield progress on points of dispute in a manner consistent with keeping the world economy open for business.

Capitalism: An Unsustainable Future?

Download Capitalism: An Unsustainable Future? PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1000552284
Total Pages : 339 pages
Book Rating : 4.0/5 (5 download)

DOWNLOAD NOW!


Book Synopsis Capitalism: An Unsustainable Future? by : Malcolm Sawyer

Download or read book Capitalism: An Unsustainable Future? written by Malcolm Sawyer and published by Routledge. This book was released on 2022-03-30 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The four decades of neoliberalism, globalisation and financialisation have produced crises - financial and pandemic - and rising inequality. The climate emergency threatens the future of the planet. This book explores many dimensions of the background to these crises. There is the development of policy agendas to address the climate emergency. The rise in inequality is studied in terms of impacts of financialisation and the relationships between growth and inequality. The record of the neoliberal experiment in the USA is critically examined. The roles of financial institutions including public banks and micro-finance are explored, as is the need for improved financial oversight in the Economic and Monetary Union. The growth of global value chains has been a major aspect of globalisation, and the question is examined of whether such chains provide a ladder for development. Globalisation has also featured trade imbalances and large capital flows, and their causes and effects are examined with respect to China and South Africa respectively. This volume will be of great value to students, scholars and professionals interested in political economy, economic thought, climate change, sustainability and business studies. The chapters in this book were originally published as a special issue of the journal, International Review of Applied Economics.

Global Economic Prospects 2010

Download Global Economic Prospects 2010 PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 0821382268
Total Pages : 187 pages
Book Rating : 4.8/5 (213 download)

DOWNLOAD NOW!


Book Synopsis Global Economic Prospects 2010 by : World Bank

Download or read book Global Economic Prospects 2010 written by World Bank and published by World Bank Publications. This book was released on 2010-02-12 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against poverty has been lost. More difficult international conditions in the years to come will mean that developing countries will have to place even more emphasis on improving domestic economic conditions to achieve the kind of growth that can durably eradicate poverty.� —Justin Yifu Lin, Chief Economist and Senior Vice President The World Bank 'Global Economic Prospects 2010: Crisis, Finance, and Growth' explores both the short- and medium-term impacts of the financial crisis on developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again. Even if, as appears likely, a double-dip recession is avoided, the recovery is expected to be slow. High unemployment and widespread restructuring will continue to characterize the global economy for the next several years. Already, the crisis has provoked large-scale human suffering. Some 64 million more people around the world are expected to be living on less than a $1.25 per day by the end of 2010, and between 30,000 and 50,000 more infants may have died of malnutrition in 2009 in Sub-Saharan Africa, than would have been the case if the crisis had not occurred. Over the medium term, economic growth is expected to recover. But increased risk aversion, a necessary and desirable tightening of financial regulations in high-income countries, and measures to reduce the exposure of developing economies to external shocks are likely to make finance scarcer and more costly than it was during the boom period. As a result, just as the ample liquidity of the early 2000s prompted an investment boom and an acceleration in developing-country potential output, higher costs will likely yield a slowing in developing-country potential growth rates of between 0.2 and 0.7 percentage points, and as much as an 8 percent decline in potential output over the medium term. In the longer term, however, developing countries can more than offset the implications of more expensive international finance by reducing the cost of capital channeled through their domestic financial markets. For more information, please visit www.worldbank.org/gep2010. To access Prospects for the Global Economy, an online companion publication, please visit www.worldbank.org/globaloutlook.

International Financial Issues in the Pacific Rim

Download International Financial Issues in the Pacific Rim PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226387089
Total Pages : 441 pages
Book Rating : 4.2/5 (263 download)

DOWNLOAD NOW!


Book Synopsis International Financial Issues in the Pacific Rim by : Takatoshi Ito

Download or read book International Financial Issues in the Pacific Rim written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2008-09-15 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: The imbalanced, yet mutually beneficial, trading relationship between the United States and Asia has long been one of international finance’s most perplexing mysteries. Although the United States continues to post a substantial trade deficit—and China reaps the benefits of a surplus—the dollar has yet to sink in the face of ever-increasing account disparities. International Financial Issues in the Pacific Rim explains why the United States enjoys a seemingly symbiotic relationship with its trading partners despite stark inequities in the trade balance, especially with Asia. This timely and well-informed study also debunks the assumed link between economic openness and low inflation in the region, identifies the serious gap between academic and private-sector researchers’ understanding of exchange rate volatility, and analyzes the liberalization of Asian capital accounts. International Financial Issues in the Pacific Rim will have broad implications for global trade and economic policy issues in Asia and beyond.

Annual Report on Exchange Arrangements and Exchange Restrictions 2014

Download Annual Report on Exchange Arrangements and Exchange Restrictions 2014 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498335179
Total Pages : 188 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Annual Report on Exchange Arrangements and Exchange Restrictions 2014 by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 2014 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2014-10-09 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the 65th issue of the AREAER. It provides a description of the foreign exchange arrangements, exchange and trade systems, and capital controls of all IMF member countries. It also provides information on the operation of foreign exchange markets and controls on international trade. It describes controls on capital transactions and measures implemented in the financial sector, including prudential measures. In addition, it reports on exchange measures imposed by member countries for security reasons. A single table provides a snapshot of the exchange and trade systems of all IMF member countries. The Overview describes in detail how the general trend toward foreign exchange liberalization continued during 2013, alongside a strengthening of the financial sector regulatory framework. A Special Topic essay examines the dynamics and evolution of capital flows. The AREAER is available in several formats. The Overview in print and online, and the detailed information for each of the 191 member countries and territories is included on a CD that accompanies the printed Overview and in an online database, AREAER Online. In addition to the information on the exchange and trade system of IMF member countries in 2013, AREAER Online contains historical data published in previous issues of the AREAER. It is searchable by year, country, and category of measure and allows cross country comparisons for time series.

Latin American Economic Outlook 2016 Towards a New Partnership with China

Download Latin American Economic Outlook 2016 Towards a New Partnership with China PDF Online Free

Author :
Publisher : OECD Publishing
ISBN 13 : 9264246215
Total Pages : 222 pages
Book Rating : 4.2/5 (642 download)

DOWNLOAD NOW!


Book Synopsis Latin American Economic Outlook 2016 Towards a New Partnership with China by : OECD

Download or read book Latin American Economic Outlook 2016 Towards a New Partnership with China written by OECD and published by OECD Publishing. This book was released on 2015-12-12 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Latin American Economic Outlook 2016 is devoted to the evolving relationship between Latin America and China, as well as its prospects in the long term.

Global Financial Stability Report, April 2016

Download Global Financial Stability Report, April 2016 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498363288
Total Pages : 135 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Global Financial Stability Report, April 2016 by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Global Financial Stability Report, April 2016 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2016-04-11 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current Global Financial Stability Report (April 2016) finds that global financial stability risks have risen since the last report in October 2015. The new report finds that the outlook has deteriorated in advanced economies because of heightened uncertainty and setbacks to growth and confidence, while declines in oil and commodity prices and slower growth have kept risks elevated in emerging markets. These developments have tightened financial conditions, reduced risk appetite, raised credit risks, and stymied balance sheet repair. A broad-based policy response is needed to secure financial stability. Advanced economies must deal with crisis legacy issues, emerging markets need to bolster their resilience to global headwinds, and the resilience of market liquidity should be enhanced. The report also examines financial spillovers from emerging market economies and finds that they have risen substantially. This implies that when assessing macro-financial conditions, policymakers may need to increasingly take into account economic developments in emerging market economies. Finally, the report assesses changes in the systemic importance of insurers, finding that across advanced economies the contribution of life insurers to systemic risk has increased in recent years. The results suggest that supervisors and regulators should take a more macroprudential approach to the sector.

Measuring and Analyzing the Impact of GVCs on Economic Development

Download Measuring and Analyzing the Impact of GVCs on Economic Development PDF Online Free

Author :
Publisher : World Trade Organization
ISBN 13 : 9789287041258
Total Pages : 0 pages
Book Rating : 4.0/5 (412 download)

DOWNLOAD NOW!


Book Synopsis Measuring and Analyzing the Impact of GVCs on Economic Development by : World Trade Organization

Download or read book Measuring and Analyzing the Impact of GVCs on Economic Development written by World Trade Organization and published by World Trade Organization. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.

Global Economic Prospects 2006

Download Global Economic Prospects 2006 PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 082136345X
Total Pages : 182 pages
Book Rating : 4.8/5 (213 download)

DOWNLOAD NOW!


Book Synopsis Global Economic Prospects 2006 by :

Download or read book Global Economic Prospects 2006 written by and published by World Bank Publications. This book was released on with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.