East Asian Production Networks, Global Imbalances, and Exchange Rates
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Author Topic: East Asian Production Networks, Global Imbalances, and Exchange Rates  (Read 694 times)
phk
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« on: October 21, 2009, 08:34:17 PM »
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Grumpier Than Uncle Joe
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« Reply #1 on: October 22, 2009, 07:52:03 AM »
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phk
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« Reply #2 on: October 22, 2009, 01:34:30 PM »

die in a fire troll
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exnaderite
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« Reply #3 on: October 22, 2009, 08:41:39 PM »
There was reason to fear a 1930s-style beggar-thy-neighbour currency policy when China devalued its currency slightly last December.

Perhaps China and the surrounding region should create an ERM-style system of exchange rates to promote stability in trade within the region. This would greatly help reduce dependence on western consumers.
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