Should China Keep Its Dollar Peg? Some Parallels from Japan

Authors

Knowledge@SMU

Publication Type

Journal Article

Publication Date

9-2007

Abstract

At a recent Singapore Management University School of Economics Distinguished Lecture, Stanford University international economics professor Ronald I. McKinnon warned of a possible ‘lost decade’ of falling price levels and undesirably low interest rates in China, similar to those experienced by Japan in the 1990s. McKinnon draws parallels between Japan in the late 1980s and present day China in his paper entitled “Why China Should Keep its Exchange Rate Pegged to the Dollar: A Historical Perspective from Japan”. --------------------------------------------------------------------------------

Disciplines

Accounting | Business | Finance and Financial Management

Copyright Owner and Holder

Copyright © Singapore Management University 2012

Licece/Creative Commons Licence

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Article ID

1088

Subject(s)

Finance and Accounting

Citation

Knowledge@SMU. Should China Keep Its Dollar Peg? Some Parallels from Japan. (2007).
Available at: https://ink.library.smu.edu.sg/ksmu/76