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Item Details
| Title:
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GLOBAL ECONOMIC EFFECTS OF THE ASIAN CURRENCY DEVALUATIONS
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| By: |
Marcus Noland, Li-Gang Liu, Sherman Robinson |
| Format: |
Paperback |
| List price:
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£12.99 |
| Our price: |
£10.39 |
| Discount: |
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| You save:
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£2.60 |
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| ISBN 10: |
0881322601 |
| ISBN 13: |
9780881322606 |
| Availability: |
Usually dispatched within 1-3 weeks.
 Delivery
rates
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| Stock: |
Currently 0 available |
| Publisher: |
THE PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS |
| Pub. date: |
1 July, 1998 |
| Pages: |
128 |
| Description: |
This study quantifies the impact of the currency changes on the individual countries in Asia, on the United States, on Europe, and on other regions on a sector-by-sector basis. It analyzes the additional impact that might occur if China were to devalue its currency as well. |
| Synopsis: |
The Asian financial crisis has precipitated significant changes in real exchange rates in the region that will substantially alter the volume and pattern of international trade. The crisis countries will increase their exports and, especially, reduce their imports. Japan, China, and the other non-crisis countries will experience more complex changes. The trade balances of the United States and Western Europe will deteriorate by about $40-50 billion as a result of the currency movements in Asia. This study, newly updated in August 1999, quantifies the impact of the currency changes on the individual countries in Asia, on the United States, on Europe and on other regions on a sector-by-sector basis. It analyzes the additional impact that might occur if China, thus far a relative bystander in the crisis, were to devalue its currency as well. It then examines potential trade policy responses to these developments including the risk of an upsurge in protectionist pressure in the United States. |
| Publication: |
US |
| Imprint: |
Institute for International Economics,U.S. |
| Returns: |
Returnable |
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