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China's Exchange Rate Policy: Options and Prescriptions
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China has emerged as the world's largest 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
25 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 book provides a comprehensive analysis of the key economic challenges facing the Chinese autho...
25 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 book provides a comprehensive analysis of the key economic challenges facing the Chinese autho...