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Asia And China In The Global Economy (Hardcover)
Loot Price: R4,308
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Asia And China In The Global Economy (Hardcover)
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The volume represents a collection of papers that examine important
topical themes related to the rise of China and Asia in the global
economy. It offers many useful insights on several issues that are
hotly debated in the international community, especially in the
aftermath of the recent global financial crisis. The contributors
are renowned experts from academic institutions, central banks, and
international organizations. Their analyses and points of view
offer valuable insights for researchers and policymakers who are
interested in the recent developments in China, Asia, and the
global economy.Specifically, the thirteen chapters contained in the
volume address four broad themes. The first theme is on open
macroeconomics and transmission mechanisms that highlight the
interactions between countries in the globalization era. The second
theme covers the contentious issue of renminbi valuation, which has
significant implications for the debate on global imbalances. The
third theme covers currency internationalization and financial
markets in Asia. In particular, two chapters discuss renminbi
internationalization and yen internationalization, while the other
two papers examine yen carry trade and the Asian credit card
market. The fourth theme is external demand and fiscal stimulus in
Asian countries.
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