Should China Keep Its Dollar Peg? Some Parallels from Japan
At a recent Singapore Management University School of Economics Distinguished Lecture, Stanford University international economics professor Ronald I. McKinnon warned of a possible ‘lost decade’ of falling price levels and undesirably low interest rates in China, similar to those experienced by Japa...
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sg-smu-ink.ksmu-10752018-07-04T09:27:52Z Should China Keep Its Dollar Peg? Some Parallels from Japan Knowledge@SMU At a recent Singapore Management University School of Economics Distinguished Lecture, Stanford University international economics professor Ronald I. McKinnon warned of a possible ‘lost decade’ of falling price levels and undesirably low interest rates in China, similar to those experienced by Japan in the 1990s. McKinnon draws parallels between Japan in the late 1980s and present day China in his paper entitled “Why China Should Keep its Exchange Rate Pegged to the Dollar: A Historical Perspective from Japan”. -------------------------------------------------------------------------------- 2007-09-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/ksmu/76 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1075&context=ksmu http://creativecommons.org/licenses/by-nc-nd/4.0/ Knowledge@SMU eng Institutional Knowledge at Singapore Management University Accounting Business Finance and Financial Management |
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At a recent Singapore Management University School of Economics Distinguished Lecture, Stanford University international economics professor Ronald I. McKinnon warned of a possible ‘lost decade’ of falling price levels and undesirably low interest rates in China, similar to those experienced by Japan in the 1990s. McKinnon draws parallels between Japan in the late 1980s and present day China in his paper entitled “Why China Should Keep its Exchange Rate Pegged to the Dollar: A Historical Perspective from Japan”. -------------------------------------------------------------------------------- |
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Should China Keep Its Dollar Peg? Some Parallels from Japan |
title_short |
Should China Keep Its Dollar Peg? Some Parallels from Japan |
title_full |
Should China Keep Its Dollar Peg? Some Parallels from Japan |
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Should China Keep Its Dollar Peg? Some Parallels from Japan |
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Should China Keep Its Dollar Peg? Some Parallels from Japan |
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should china keep its dollar peg? some parallels from japan |
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Institutional Knowledge at Singapore Management University |
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2007 |
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https://ink.library.smu.edu.sg/ksmu/76 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1075&context=ksmu |
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