Artikel
The Renminbi and Poor-country Growth
The paper estimates i) the degree of currency undervaluation and its relationship with per capita income (convergence), as informed by the Harrod-Balassa-Samuelson (HBS) framework. ii) The role of the real effective exchange rate, both its level and its stability over time, for underpinning growth in developing countries, especially in large dual economies such as China and India. iii) New empirical evidence on growth linkages between China and poor countries for the last two decades and on potential displacement effects of renminbi (RMB) appreciation.
- Language
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Englisch
- Bibliographic citation
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Journal: The World Economy ; Volume: 35 ; Year: 2012 ; Issue: 3 ; Pages: 273-294 ; Oxford: Wiley-Blackwell
- Classification
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Wirtschaft
Economic Integration
Foreign Exchange
- Subject
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Renminbi
China impact
Integration
Wechselkurs
- Event
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Geistige Schöpfung
- (who)
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Garroway, Chris
Hacibedel, Burcu
Reisen, Helmut
Turkisch, Edouard
- Event
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Veröffentlichung
- (who)
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Wiley-Blackwell
- (where)
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Oxford
- (when)
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2012
- DOI
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doi:10.1111/j.1467-9701.2011.01408.x
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Garroway, Chris
- Hacibedel, Burcu
- Reisen, Helmut
- Turkisch, Edouard
- Wiley-Blackwell
Time of origin
- 2012