China's Exchange Rate Controversy
A Balanced Analysis
Bibliographic Data
| ID | 12778015 |
|---|---|
| Authors | Albert Keidel (Atlantic Council, corresponding author) |
| Year | 2011 |
| Volume | 52 |
| Issue | 3 |
| Pages | 347-374 |
| Publication date | 2011-05-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Eurasian Geography and Economics (JOURNAL) |
| Journal identifiers | ISSN: 1538-7216 • E-ISSN: 1938-2863 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.2747/1539-7216.52.3.347 |
| OpenAlex | W1976338547 |
| Language | EN |
| Citations received | 5 |
| References cited | 7 |
A noted American authority on China's economy and monetary policy presents a statistical as well as theoretical analysis of a variety of perspectives on the controversy surrounding China's currency, basing his paper on both. The author provides the historical background and comprehensive summaries, focusing on different viewpoints about whether China's currency is undervalued, and thus may contribute to global imbalances. In the paper, he divides observers involved in the controversy into two main camps, namely the ones who find China's trade balances to be sensitive to price effects through exchange rate adjustments and those who emphasize other factors as bearing the responsibility for China's large surpluses, including the U.S. credit bubble emerging before the global financial crisis, as well as a version of Dutch disease
China · Currency · Economics · Exchange rate · Financial crisis · Foreign-exchange reserves · International economics · Macroeconomics · Monetary economics · Monetary policy · Political science · Variety (cybernetics · Viewpoints · Economic Theory and Policy · Global Financial Crisis and Policies · Law · Monetary Policy and Economic Impact
| Unique citing works | 5 |
|---|---|
| Citations per year | 0.33 |
| Citation span | 2011 - 2017 (7) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |