Showing 1 - 10 of 4,371
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10010206356
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10013071193
In the past decade, a set of euro area countries has accumulated large current account deficits. After a brief relaxation of the euro area internal imbalances in the wake of the financial crisis, it appears as if this pattern arises anew when times normalize again and Germany still sticks to...
Persistent link: https://www.econbiz.de/10013144592
and business circles outside China, this paper argues that the Chinese government is able to and will defend RMB in the … near future. The cost for China to defend RMB is not formidably high for the time being. However, as China implements an …
Persistent link: https://www.econbiz.de/10014197230
This chapter provides a review of China’s economic growth since 1978. Studying China’s economic success may shed new … relationship between inequality and economic growth. The chapter starts with a review of the characteristics of China’s economic … growth and compares it with those of several similar economies. Then it shows how China’s economic success has been created …
Persistent link: https://www.econbiz.de/10014025590
's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social …
Persistent link: https://www.econbiz.de/10013098393
's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social …
Persistent link: https://www.econbiz.de/10009656130
Persistent link: https://www.econbiz.de/10010347519
Persistent link: https://www.econbiz.de/10009730619
and regain autonomy in its monetary policy, China needs to move toward a free floating exchange rate system by refraining …
Persistent link: https://www.econbiz.de/10014055361