Currency Conflict and Trade Policy: A New Strategy for the United States

Bergsten, C. Fred; Gagnon, Joseph

ISBN 10: 0881327263 ISBN 13: 9780881327267

Verlag: Peterson Institute for International Economics (edition ), 2017

Sprache: Englisch

Zustand: Gebraucht - Befriedigend Softcover

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Bibliografische Details

Titel

Currency Conflict and Trade Policy: A New Strategy for the United States

Verlag

Peterson Institute for International Economics (edition )

Erscheinungsjahr

2017

Sprache

Englisch

ISBN-10

0881327263

ISBN-13

9780881327267

Einband

Paperback

Zustand

Good

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�ber diesen Titel

Inhaltsangabe

Conflicts over currency valuations are a recurrent feature of the modern global economy. To strengthen their international competitiveness, many countries resort to buying foreign currencies to make their exports cheaper and their imports more expensive. In the first decade of the twenty-first century, for example, China's currency manipulation practices were so flagrant that they produced a backlash in the United States and other trading partners, prompting threats of retaliation. How damaging is the practice of currency manipulation and how extensive is the problem? This book by C. Fred Bergsten and Joseph E. Gagnon two leading experts on trade, investment, and the effects of currency manipulation traces the history, causes, and effects of currency manipulation and analyzes a range of policy responses that the United States could adopt. The book is an indispensable guide to a complex and serious problem and what might be done to solve it.

�ber die Autorin bzw. den Autor

C. Fred Bergsten, senior fellow and director emeritus, was the founding director of the Peterson Institute for International Economics (formerly the Institute for International Economics) from 1981 through 2012. He is serving his second term as a member of the President's Advisory Committee for Trade Policy and Negotiations and was co-chairman of the Private Sector Advisory Group to the United States�India Trade Policy Forum, comprising the trade ministers of those two countries, during 2007�14.

Joseph E. Gagnon, senior fellow since September 2009, was visiting associate director, Division of Monetary Affairs (2008�09) at the US Federal Reserve Board. Previously he served at the US Federal Reserve Board as associate director, Division of International Finance (1999�2008), and senior economist (1987�1990 and 1991�97). He has also served at the US Treasury Department (1994�95 and 1997�1999) and has taught at the Haas School of Business, University of California, Berkeley (1990�91).

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