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Quelques Réflexions sur la Réévaluation du Yuan

Author

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  • Meixing Dai

Abstract

La sous-évaluation du yuan fait partie du consensus des économistes et des décideurs de politique. La demande pressante des pays occidentaux pour une réévaluation nominale brutale du yuan ne prend pas en compte l’intérêt des entreprises (occidentales et chinoises) et des salariés travaillant pour les secteurs d’exportation en Chine. J’analyse dans ce papier le bénéfice d’une réévaluation réelle du yuan pour l’économie chinoise et propose, outre une réévaluation nominale modeste, une multitude de solutions alternatives aboutissant à une réévaluation complète du yuan en termes réels.

Suggested Citation

  • Meixing Dai, 2010. "Quelques Réflexions sur la Réévaluation du Yuan," Working Papers of BETA 2010-26, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  • Handle: RePEc:ulp:sbbeta:2010-26
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    File URL: http://beta.u-strasbg.fr/WP/2010/2010-26.pdf
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    References listed on IDEAS

    as
    1. Cheung, Yin-Wong & Chinn, Menzie D. & Fujii, Eiji, 2007. "The overvaluation of Renminbi undervaluation," Journal of International Money and Finance, Elsevier, vol. 26(5), pages 762-785, September.
    2. John B. Taylor, 2009. "The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong," NBER Working Papers 14631, National Bureau of Economic Research, Inc.
    3. Das, Dilip K., 2009. "The evolution of renminbi yuan and the protracted debate on its undervaluation: An integrated review," Journal of Asian Economics, Elsevier, vol. 20(5), pages 570-579, September.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Catherine Figuière & Laëtitia Guilhot & Cyriac Guillaumin, 2013. "La question du régime de change en Asie de l'Est : Vers un bloc monétaire régional ?," Revue d'économie politique, Dalloz, vol. 123(2), pages 265-298.

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    More about this item

    Keywords

    Réévaluation réelle du yuan; Renminbi (RMB); réserves de change; déséquilibre externe; mesures d’ajustement macroéconomique.;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F3 - International Economics - - International Finance

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