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Global Trade Imbalances -- 9. The Transfer Problem in Reducing the U.S. Current-Account Deficit -- PART III. China: Adjusting … to the Dollar Standard -- 10. High Wage Growth under Stable Dollar Exchange Rates: Japan, 1950-71 and China, 1994 …-2011 -- 11. Currency Mismatches on the Dollar's Periphery: Why China as an Immature Creditor Cannot Float Its Exchange Rate -- 12 …
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