Balanced Exchange Rate and RMB Exchange Rate Policy - Contemporary Chinese Economic Theory Innovation Library

Author: Xu Shaoqiang
Publisher:
Publish Date: 2006-03-01
Features: This book starts from the theory of equilibrium exchange rate, comprehensively explores the determination and effects of equilibrium exchange rate, and the impact of internal and external balance conflicts on the determination of equilibrium exchange rate. It proposes an analytical framework suitable for the equilibrium exchange rate of the RMB and uses it as the basis for selecting appropriate exchange rate strategies and policies.