Currency Manipulation and Its Effect on U.S. Businesses and Workers
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Publisher:
Published: 2009
Total Pages: 136
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Publisher:
Published: 2009
Total Pages: 136
ISBN-13:
DOWNLOAD EBOOK →Author: C. Fred Bergsten
Publisher: Columbia University Press
Published: 2017-06-27
Total Pages:
ISBN-13: 0881327255
DOWNLOAD EBOOK →Conflicts over currency valuations are a recurrent feature of the modern global economy. To strengthen their international competitiveness, many countries resort to buying foreign currencies to make their exports cheaper and their imports more expensive. In the first decade of the 21st century, for example, China's currency manipulation practices were so flagrant that they produced a backlash in the United States and other trading partners, prompting threats of retaliation. How damaging is the practice of currency manipulation—and how extensive is the problem? This book by C. Fred Bergsten and Joseph E. Gagnon—two leading experts on trade, investment, and the effects of currency manipulation—traces the history, causes, and effects of currency manipulation and analyzes a range of policy responses that the United States could adopt. The book is an indispensable guide to a complex and serious problem and what might be done to solve it.
Author: United States. Congress. House. Committee on Ways and Means
Publisher:
Published: 2011
Total Pages: 152
ISBN-13:
DOWNLOAD EBOOK →Author: Rosemary Foot
Publisher: Cambridge University Press
Published: 2010-12-20
Total Pages: 353
ISBN-13: 1139495178
DOWNLOAD EBOOK →The United States and China are the two most important states in the international system and are crucial to the evolution of global order. Both recognize each other as vital players in a range of issues of global significance, including the use of force, macroeconomic policy, nonproliferation of nuclear weapons, climate change and financial regulation. In this book, Rosemary Foot and Andrew Walter, both experts in the fields of international relations and the East Asian region, explore the relationship of the two countries to these global order issues since 1945. They ask whether the behaviour of each country is consistent with global order norms, and which domestic and international factors shape this behaviour. They investigate how the bilateral relationship of the United States and China influences the stances that each country takes. This is a sophisticated analysis that adroitly engages the historical, theoretical and policy literature.
Author: Simon J. Evenett
Publisher:
Published: 2010
Total Pages: 220
ISBN-13: 9781907142161
DOWNLOAD EBOOK →Thanks to deft diplomatic footwork, a US-China confrontation over the renminbi has been avoided. But the US Treasury has merely postponed the publication of its report on foreign currency manipulators, and the dispute may overshadow the G20 meetings in June and November. The 28 short essays in this book provide the best available economic, legal, political, and geopolitical thinking on the causes and likely consequences of the dispute.
Author: United States. Congress. House. Committee on Standards of Official Conduct
Publisher:
Published: 2010
Total Pages: 1520
ISBN-13:
DOWNLOAD EBOOK →Author: C. Randall Henning
Publisher: Columbia University Press
Published: 2008-06-01
Total Pages: 122
ISBN-13: 0881324892
DOWNLOAD EBOOK →The dispute over Chinese exchange rate policy within the United States has generated a series of legislative proposals to restrict the discretion of the US Treasury Department in determining currency manipulation and to reform the department's accountability to the Congress. This study reviews the Treasury's reports to the Congress on exchange rate policy—introduced by the 1988 trade act—and Congress's treatment of them. It finds that the accountability process has often not worked well in practice: The coverage of the reports has sometimes been incomplete and not provided a sufficient basis for congressional oversight. Nor has Congress always performed its own role well, holding hearings on less than half of the reports and overlooking important substantive issues. Several recommendations can improve guidance to the Treasury, standards for assessment, and congressional oversight. These include (1) refining the criteria used to determine currency manipulation and writing them into law; (2) explicitly harnessing US decisions on manipulation to the IMF's rules on exchange rates; (3) clarifying the general objectives of US exchange rate policy; (4) reaffirming the mandate to seek international macroeconomic and currency cooperation; and (5) institutionalizing multicommittee oversight of exchange rate policy by Congress. As they develop legislation targeting manipulation, furthermore, legislators should not lose sight of the broader purposes of the 1988 act relating to the effective valuation of the dollar, the current account, and their ramifications for the US economy overall.
Author: United States. Congress. Senate. Committee on Finance
Publisher:
Published: 2015
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. Senate. Committee on Finance
Publisher:
Published: 2014
Total Pages: 128
ISBN-13:
DOWNLOAD EBOOK →