The future of China's exchange rate policy - Goldstein, Morris, 1944-; Lardy, Nicholas R.; ebrary, Inc. (Washington, DC : Peterson Institute for International Economics, 2009)
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.
Includes bibliographical references (p. 97-106) and index.
Electronic reproduction.
Keywords: Foreign exchange rates -- China; International economic relations; China -- Commerce; Electronic books