UID:
almahu_9947914840802882
Format:
1 online resource (x, 305 p.) :
,
ill.
ISBN:
9781781001554 (e-book)
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:
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.
Additional Edition:
ISBN 1781001545
Additional Edition:
ISBN 9781781001547 (hardback)
Language:
English
Subjects:
Economics
Keywords:
Electronic books.
URL:
https://www.elgaronline.com/view/9781781001547.xml
