Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Narrow Search
Search narrowed by
Last searches

Results for *

Displaying results 1 to 4 of 4.

  1. Conflicts and conflict resolution in international antitrust
    Author: Klodt, Henning
    Published: 2000
    Publisher:  Inst. of World Economics, Kiel

    Export to reference management software   RIS file
      BibTeX file
    Content information
  2. Conflicts and conflict resolution in international antitrust
    Author: Klodt, Henning
    Published: 2000
    Publisher:  Kiel Institute for the World Economy (IfW), Kiel

    Export to reference management software   RIS file
      BibTeX file
  3. Russia's attack on Ukraine
    economic challenges, embargo issues & a new world order
    Author: Welfens, Paul J. J.
    Published: April 27th 2022
    Publisher:  Europäisches Institut für Internationale Wirtschaftsbeziehungen (EIIW), Bergische Universität Wuppertal, Campus Freudenberg, Wuppertal, Germany

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 805
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: EIIW discussion paper ; 312
    Subjects: Ukraine war; Russia sanctions; economic effects of the war in Ukraine; US; EU; international economic order; aid for Ukraine
    Scope: 1 Online-Ressource (circa 143 Seiten), Illustrationen
  4. Is the Renminbi undervalued?
    the myths of China's trade surplus and global imbalances
    Author: Plasschaert, Sylvain
    Published: [February 2011]
    Publisher:  European Centre for International Political Economy, Brussels, Belgium

    Alarmed by the persistent and large US trade deficit vis-à-vis China and the rapidly swelling Chinese foreign exchange reserves, influential US policymakers are urging the Chinese authorities to allow a substantial appreciation of the Renminbi (RMB).... more

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 569 (2011,2)
    Inter-library loan:
    No inter-library loan

     

    Alarmed by the persistent and large US trade deficit vis-à-vis China and the rapidly swelling Chinese foreign exchange reserves, influential US policymakers are urging the Chinese authorities to allow a substantial appreciation of the Renminbi (RMB). This paper establishes that the arguments advanced to this effect are quite weak, as they overlook salient features of the present international economy and of China's financial system. Indeed, the record growth of China's exports to the US stems largely from joint ventures and affiliates of multinational enterprises; exports attributed to China usually contain a large percentage of imported components with modest value-added attributed to China itself and - indeed, the Chinese export portfolio is in the process of being significantly upgraded. Neither are the gigantic foreign exchange reserves primarily linked to the modest surpluses of exports over imports of China, but they are fed by these large net inward direct investments; and, in recent years, by "hot money" which sneaks into China, notwithstanding the non-convertibility of capital flows. Thus, a moderate appreciation of the RMB would not equilibrate the bilateral trade flows or remedy current account imbalances. On the other hand, the shift in China's growth strategy - away from export maximisation towards strengthening consumption in the vast interior - is likely to gradually bring about more balance, while appreciating the RMB in the process. There are also recent signs of easing of Chinese restrictions on international financial transactions.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/174845
    Series: ECIPE working paper ; no. 2011, 02
    Subjects: Renminbi; Wechselkurs; Außenwirtschaftliches Gleichgewicht; China; trade balance; trade; foreign exchange; China; current account; monetary policy; international economic order; currency reserves; multinational enterprises
    Scope: 1 Online-Ressource (circa 16 Seiten)