English
- إرجاع مجاني بسهولة
- أفضل عروض
Exchange Rates Under The East Asian Dollar Standard: Living With Conflicted Virtue Hardcover English by Ronald I. McKinnon - 38412
قبل:
314.00 جنيه
الآن:
273.60 جنيه يشمل ضريبة القيمة المضافة
وفّرت:
40.40 جنيهخصم 12٪
باقي 5 وحدات في المخزون
احصل عليه خلال 6 فبراير
إدفع 6 اقساط شهرية بقيمة ٦٠٫٠٠ جنيه.
1
توصيل مجاني لنقطة نون ومراكز الاستلام
معرفة المزيد
تقدر ترجّع المنتج بسهولة في العرض ده
(Original Copy - نسخه أصلية)
المنتج كما في الوصف
90%
شريك لنون منذ
5+ سنة
أحدث التقييمات الإيجابية
المواصفات
| الناشر | Mit Press Ltd |
| اللغة | الإنجليزية |
| العنوان الفرعي للكتاب | Living with Conflicted Virtue |
| وصف الكتاب | The increasingly integrated economies of East Asia - China, Hong Kong, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand - face the dilemma of how to achieve exchange rate security in the absence of a unifying "Asian euro." The U.S. dollar has become the region's dominant intraregional trading currency as well as the anchor to which East Asian economies informally peg their currencies. In this timely and original analysis of the benefits and risks of an East Asian dollar standard, Ronald McKinnon takes issue with the conventional view that urges flexible exchange rates on financially fragile economies. He argues instead that East Asian countries should cooperate to keep their exchange rates stable against the dollar. McKinnon develops a conceptual framework to show where the conventional wisdom on exchange rates has gone wrong. Pressure on the "virtuous" high-saving dollar-creditor nations of East Asia to appreciate their currencies leads to a "conflicted" choice between a possible deflationary slump if they do appreciate and threatened trade sanctions if they do not. Analyzing interactions among East Asian economies, McKinnon explains the rationale, and the need, for greater exchange-rate security in the region, pointing to the soft- dollar pegs adopted by these nations as steps in the right direction. He suggests that the dollar standard in East Asia could be rationalized through collective action by national governments and considers the effect of American monetary and trade policies on the East Asian economy. |
| المراجعة التحريرية | "McKinnon argues persuasively that the ongoing efforts of American analysts and politicians to urge Japan, China, and other Asian countries to appreciate their currencies against the dollar is fundamentally misguided--indeed, it would unnecessarily damage those countries and the world economy. Necessary corrective reading for all enthusiasts of floating exchange rates."--Richard N. Cooper, Boas Professor of International Economics, Harvard University |
| عن المؤلف | Ronald I. McKinnon is William D. Eberle Professor of International Economics at Stanford University. He is the author of several books on international economics and development finance, including The Rules of the Game: International Money and Exchange Rates (MIT Press, 1996) and, with Kenichi Ohno, Dollar and Yen: Resolving Economic Conflict between the United States and Japan (MIT Press, 1997). |
| تاريخ النشر | 38412 |
| عدد الصفحات | 291 |
Exchange Rates Under The East Asian Dollar Standard: Living With Conflicted Virtue Hardcover English by Ronald I. McKinnon - 38412
في عربة التسوق 
مجموع العربة 273.60 جنيه
