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The Making of China's Exchange Rate Policy - From Plan to WTO Entry (Hardcover)
Loot Price: R2,959
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The Making of China's Exchange Rate Policy - From Plan to WTO Entry (Hardcover)
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This book examines the major economic and political factors
influencing China's exchange rate policies from the foundation of
the People's Republic to the present. It considers how national
economic and political priorities, international influences,
domestic institutional interests and the new constraints imposed by
China's rapidly globalising post-Mao economy determine exchange
rate policy. The authors argue that China's exchange rate decisions
were not made simply in response to external pressures, rather that
they were formed on the basis of domestic assessments of domestic
circumstances to serve domestic interests. They go on to illustrate
that such decisions are made on the basis of what policymakers
perceive are the nation's best interests, and thus constitute
dynamic interplay between national priorities and the interests of
institutional and non-institutional actors in the policy arena.
Fulfilling the demand for further research on how China formulates
exchange rate policy, this book will strongly appeal to a
wide-ranging audience including: students, academics and
researchers with an interest in political economy, Asian studies,
international relations, comparative politics, international
business and international economics and finance. Policymakers and
bankers will also find much to interest them in this book.
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