Devaluing to prosperity
Subtitle: misaligned currencies and their growth consequence
By: Surjit S. Bhalla
Publisher: Peterson Institute for International Economics
Published: 2012
Place of publication: Washington, DC
Language: eng
ISBN-13: 9780881326239
Subjects: Foreign exchange rates; Commerce; Monetary policy; International trade; Devaluation of currency; Economic development
Notes: Includes bibliographical references and index.
Table of contents: title: Introduction; title: The determinants of economic growth; title: Currency valuation, savings, and the current account; title: Measuring currency valuation; title: The yin and yang of investment; title: Is the real exchange rate endogenous?; title: Rashomon rules: US dollar, euro dollar?; title: Currency valuation and growth; title: Policy failures and growth miracles; title: Mercantilism and miracles; title: Institutions versus exchange rate policy; title: Currency undervaluation: a time-tested policy for growth; title: The economics of the yen and the renminbi; title: Changing times, changing views; title: Conclusion.