by Wensheng Peng, Chang Shu (2009)
"This is the first book to collect academic studies examining issues related to the potential internationalization of the remninbi. It considers polisy implications, documents the rising regional importance of the renminbi and discusses key issues in the increasing use of the renminbi in international trade and finance"--Provided by publisher.
Yangseon Kim, Chang Jae Lee
Proceedings from an international conference: Structural Reforms and Economic Development: Experience of the Trial and Errors of the Northeast Asia, held September 26, 2003. The conference compared, analysed, and discussed the trial and errors of Japan, China and Korea's reforms in the long-run developmental perspectives.
Catherine R. Schenk
Hong Kong SAR is now highly unusual as a large economy running a currency board system that pegs the Hong Kong Dollar to the US Dollar. This volume explores the origins and persistence of this system, presenting the viewpoint of several of the main protagonists in the operation of the currency board since 1983 as well as new research by academics.
Jacob A. Frenkel, Harry G. Johnson
The studies deal with the determination of foreign exchange rates and the characteristics of the foreign exchange market. They extend frontiers in theory and test the implications against current and past data. Analysis is made of flexible exchange rates through a new approach the authors have developed, called the "asset-market approach." In a fresh departure from the bulk of economic literature, theory is combined with practical application in a clear, concise way that will be understood by readers with a basic understanding of economics. The first three chapters of the book present the doctrinal history leading to today's view of exchange rate deterioration, outline the authors' new approach, and integrate it with an anlaysis of macroeconomic policies. The remaining eight chapters examine in detail (theoretically and empirically) the various building blocks presented in the initial chapters.
Alvin G. Wint
The author takes as his starting point the special problems of developing countries rather than the proven policies of developed countries.