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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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Washington, DC
Peterson Institute for International Economics
2012
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Online Zugang: | Inhaltsverzeichnis |
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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. |
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Beschreibung: | Includes bibliographical references and index |
Beschreibung: | XVIII, 263 S. graph. Darst. |
ISBN: | 9780881326239 978-0-88132-623-9 |