Name: Global Economic Effects of the Asian Currency Devaluations (Policy Analyses in International Economics) (en Inglés)
Price: 30.16 EUR
Availability: InStock
Author: Li-Gang Liu; Marcus Noland; Sherman Robinson; Zhi Wang
ISBN: 9780881322606

portada Global Economic Effects of the Asian Currency Devaluations (Policy Analyses in International Economics) (en Inglés)

Formato

Libro Físico

Editorial

Peterson Institute For International Economics

Autor

Li-Gang Liu; Marcus Noland; Sherman Robinson; Zhi Wang

Año

1998

Idioma

Inglés

N° páginas

128

Encuadernación

Tapa Blanda

ISBN13

9780881322606

Categorías

Economía monetaria

Global Economic Effects of the Asian Currency Devaluations (Policy Analyses in International Economics) (en Inglés)

Li-Gang Liu; Marcus Noland; Sherman Robinson; Zhi Wang (Autor) · Peterson Institute For International Economics · Tapa Blanda

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Reseña del libro "Global Economic Effects of the Asian Currency Devaluations (Policy Analyses in International Economics) (en Inglés)"

The Asian financial crisis has precipitated significant changes in real exchange rates in the region that will substantially alter the volume and pattern of international trade. The crisis countries will increase their exports and, especially, reduce their imports. Japan, China, and the other non-crisis countries will experience more complex changes. The trade balances of the United States and Western Europe will deteriorate by about $40-50 billion as a result of the currency movements in Asia.This study, newly updated in August 1999, quantifies the impact of the currency changes on the individual countries in Asia, on the United States, on Europe and on other regions on a sector-by-sector basis. It analyzes the additional impact that might occur if China, thus far a relative bystander in the crisis, were to devalue its currency as well. It then examines potential trade policy responses to these developments including the risk of an upsurge in protectionist pressure in the United States.