UID:
kobvindex_INTNLM010900764
Format:
1 online resource (x, 305 p)
,
ill
ISBN:
9781781001554
Series Statement:
Edward Elgar E-Book Archive
Content:
1. An overview -- 2. The international monetary system -- 3. International trading and financial relations -- 4. Exchange rate misalignment -- 5. The cause and cure : simple numerical illustrations -- 6. The effect of exchange rate adjustment on the trade balance -- 7. Why revaluation of the yuan will not work -- 8. The morality and legality of Chinese policies -- 9. The US trade deficit as an American problem : leveraged over-indulgence -- 10. The US trade deficit as an American problem : saving and economic structure -- 11. Concluding thoughts
Content:
While the Americans accuse China of damaging their economy, the Chinese claim their policies are legitimate and that the US has no right to dictate how the Chinese economy should be run. Imad Moosa addresses contentious issues including: whether the Chinese currency is undervalued, whether the undervaluation of the yuan, should it exist, is the cause of the US trade deficit with China (hence revaluation being a justifiable cure) and whether Chinese economic policies are immoral and illegal according to IMF and WTO rules
Note:
Includes bibliographical references (pages 277-300) and index
Additional Edition:
Available in another form ISBN 1781001545
Additional Edition:
ISBN 9781781001547(hardback)
Additional Edition:
ISBN 1781001545
Additional Edition:
ISBN 9781781001547
Language:
English
DOI:
10.4337/9781781001554
URL:
FULL
((Currently Only Available on Campus))