Title:
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DOLLAR ADJUSTMENT
HOW FAR? AGAINST WHAT? |
By: |
C. Fred Bergsten, John Williamson |
Format: |
Paperback |

List price:
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£22.00 |
Our price: |
£17.60 |
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£4.40 |
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ISBN 10: |
0881323780 |
ISBN 13: |
9780881323788 |
Availability: |
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Publisher: |
THE PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS |
Pub. date: |
30 November, 2004 |
Pages: |
300 |
Description: |
The dollar rose about 35 percent in real terms from 1995 to the end of 2001, supporting the US economy of the late 1990s but pushing the current account deficit to a record high. This book looks at the impact of this, examining intervention to achieve desired currency values and the impact of a major dollar realignment on worldwide economies. |
Synopsis: |
Building on the scholarship of Dollar Overvaluation and the World Economy (2003), this book assesses the progress that has been made to date in correcting the sizable misalignments of key national currencies that developed in the late 1990s and early 2000s. The book examines whether a dollar decline is needed for the United States and the rest of the world to achieve sustainable current account positions and what the impact of a major dollar realignment would be on economies around the world. It also features new ideas on the effectiveness of intervention in moving exchange rates in a desired direction. The book brings together perspectives from government, industry, and academia. |
Publication: |
US |
Imprint: |
Institute for International Economics,U.S. |
Returns: |
Returnable |