Papers on "Chinese Currency Policy" and similar term paper topics
Paper #099956 ::
Chinese Currency Policy
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An analysis of the aspects of China's monetary policy that have been used to indirectly influence Chinese positions in terms of international relations and foreign policy.
Written in 2007; 1,174 words; 6 sources; MLA;
$ 40.95
Paper Summary:
This paper examines how Chinese monetary policy is utilized as a foreign policy device for very specific gains in international relations and looks at how this differs from other countries' monetary policy. The paper focuses on the managed float of the Chinese currency, the Renminbi (RMB) and discusses the other aspects of China's monetary policy that have been used to indirectly influence Chinese positions in terms of international relations and foreign policy.
Table of Contents:
Introduction
Hypotheses
Policy Relevance
Articles for Review
Critical Analysis of Articles
From the Paper:
"Authors Voon and Frankel examine certain aspects of China's exchange rate and currency policies. Voon, et al, in "Does China Really Lose From RMB Revaluation? Evidence From Some Export Industries," argues that China's managed float may not be necessary to protect China's export sector. Frankel examines China's exchange rate policy and strategy from a strict economist's perspective and makes the argument that a country has the right and obligation to choose whatever currency regime it feels benefits the nation and its citizens the most. Frankel examines the exchange rate policy from the perspective of alternate strategies such as expenditure reduction as well as interest rate manipulation. The import of his article is that while China benefits from its controlled exchange rate policy, it also has an obligation to do so but should consider alternate strategies since its currency and its economy has become so important to the global economy."
Tags:
RMB Renminbi exchange
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