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Exchange Rate Changes and Global Trade Imbalances: China as a Major Creditor Country

In: Regulatory Failure and the Global Financial Crisis

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  • Ronald I. MacKinnon

Abstract

This fascinating book presents a lively discussion of key issues resulting from the recent financial crisis. The expert contributors explore why the global financial crisis occurred, how it destroyed wealth, triggered mass unemployment and created an unprecedented loss of control on employment, monetary policy and government budgets.

Suggested Citation

  • Ronald I. MacKinnon, 2012. "Exchange Rate Changes and Global Trade Imbalances: China as a Major Creditor Country," Chapters, in: Mohamed Ariff & John H. Farrar & Ahmed M. Khalid (ed.), Regulatory Failure and the Global Financial Crisis, chapter 3, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14510_3
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    References listed on IDEAS

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    1. Qiao, Hong, 2007. "Exchange rates and trade balances under the dollar standard," Journal of Policy Modeling, Elsevier, vol. 29(5), pages 765-782.
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