The Future of China's Exchange Rate Policy

by Morris Goldstein

Book Overview

Over the past five years China has emerged as the world's largest global surplus economy; indeed by 2007-08 the size of its surplus relative to its GDP was of a magnitude unprecedented for a large trading economy. This development is especially surprising since in the first twenty-five years of economic reform China's trade and current account surpluses were quite small by East Asian standards, averaging less than 2 percent of GDP.

This...

• Format: Paperback
• Language: English
• ISBN: 0881324167
• ISBN13: 9780881324167
• Release Date: June 2008
• Publisher: Peterson Institute for International Economic
• Length: 124 Pages
• Weight: 0.45 lbs.
• Dimensions: 0.3" x 6.3" x 9.1"
• Grade Range: Postsecondary and higher