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1 - 2 van 2 voor renminbi undervaluation
Microsoft Word - memo166.doc
renminbi undervalued?1 the possible undervaluation of the renminbi is evaluated. a survey of the literature concludes toward a renminbi undervaluation of about 25% in real effective terms. this undervaluation ... major cities in china. renminbi's outlook the diverse estimates of renminbi undervaluation are not surprising given the difficulty in determining the equilibrium renminbi value. moreover, the ...
cpb.nl
Microsoft Word - cpbdoc127.doc
... private sector, inviting entrepreneurs to join 2004 constitution amended to guarantee private property rights 2005 renminbi no longer pegged to us dollar; switch to dirty floating 2006 authorities decide to ... of the relatively low prices of chinese non-tradables and by the undervaluation of the renminbi (see box is the renminbi undervalued? on page 57). both indicators are valuable in their own ...
cpb.nl
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