Devaluing to prosperity misaligned currencies and their growth consequence

Introduction -- The determinants of economic growth -- Currency valuation, savings, and the current account -- Measuring currency valuation -- The yin and yang of investment -- Is the real exchange rate endogenous? -- Rashomon rules: US dollar, euro dollar? -- Currency valuation and growth -- Policy...

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1. Verfasser: Bhalla, Surjit S. (VerfasserIn)
Körperschaft: Peterson Institute for International Economics (BerichterstatterIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Washington, DC Peterson Institute for International Economics 2012
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Beschreibung
Zusammenfassung:Introduction -- The determinants of economic growth -- Currency valuation, savings, and the current account -- Measuring currency valuation -- The yin and yang of investment -- Is the real exchange rate endogenous? -- Rashomon rules: US dollar, euro dollar? -- Currency valuation and growth -- Policy failures and growth miracles -- Mercantilism and miracles -- Institutions versus exchange rate policy -- Currency undervaluation: a time-tested policy for growth -- The economics of the yen and the renminbi -- Changing times, changing views -- Conclusion.
Beschreibung:Includes bibliographical references and index
Beschreibung:XVIII, 263 S.
graph. Darst.
ISBN:9780881326239
978-0-88132-623-9