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The Chinese Foreign Exchange Policy and the Global Investment Process

Author

Listed:
  • Ponomarev Aleksandr V.

    (Moscow State Institute of International Relations(University) of the Ministry of Foreign Affairs of the Russian Federation)

Abstract

The article author examines the current global investment process using the approach the Austrian economic school members used. He notes that the approaches suggested for use by the Keynesian theory-oriented economists and the monetarists do not include the rationale for today’s economists’ attempt to use the government intervention as a tool for improving the situation in the global economy. The article author stresses that the Chinese factor is a key factor that forms the development trends in the world financial system and the international real sector investment process.

Suggested Citation

  • Ponomarev Aleksandr V., 2010. "The Chinese Foreign Exchange Policy and the Global Investment Process," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 69-78, July.
    • Handle: RePEc:fru:finjrn:100306:p:69-78
    as

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