Title

The Chinese Currency and Global Rebalancing: A Discussion

Publication Date

2013

Description

Perceived to be substantially undervalued, the Chinese currency, the yuan, has attracted much attention in recent years, especially since the recession of 2008-2009. To remedy the situation, a proposal put forward recently by C. Fred Bergsten is noteworthy, for its impressive boldness in calling for drastic US policy actions, and for the potentially far-reaching impacts on the global rebalancing and recovery it may bring about. The purpose of this article is twofold: to assess the underlying analytical validity of this proposal and to explore its implications for the US, China and the rebalancing and recovery of the world economy.

Journal

China: An International Journal

Volume

11

Issue

1

First Page

55

Last Page

74

Department

Economics

This document is currently not available here.

Share

COinS