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Full-Text Articles in International Economics
The Effect Of A Collective Exchange Rate Adjustment On East Asian Exports, Mizanur Rahman, Kaliappa P. Kalirajan
The Effect Of A Collective Exchange Rate Adjustment On East Asian Exports, Mizanur Rahman, Kaliappa P. Kalirajan
Mizanur Rahman
This paper estimates long-run effects of a collective exchange rate adjustment on multilateral exports from China, Japan, South Korea, and Taiwan. The findings show that a 1 percent generalized appreciation of all East Asian exchange rates would reduce East Asian exports by about 3 per cent.
The Impact Of Real Exchange Rate Flexibility On East Asian Exports, Mizanur Rahman
The Impact Of Real Exchange Rate Flexibility On East Asian Exports, Mizanur Rahman
Mizanur Rahman
This paper estimates the impact of intra-regional real exchange rate flexibility on East Asian exports. The hypothesis is that the impact would be negative for East Asian countries regardless of their exchange rate regimes. The results validate the hypothesis. The findings show that for Chinese exports the long-run effect is as much as that of a real appreciation of renminbi. By contrast, for Japanese exports the effect is three times larger than that of a real appreciation of the yen. The findings imply that a regional currency basket mechanism would lessen the adverse effect of exchange rate flexibility and engineer …
The Outlook For U.S. – China Textile And Apparel Trade In 2009: From The Trade Policy Perspective, Sheng Lu
The Outlook For U.S. – China Textile And Apparel Trade In 2009: From The Trade Policy Perspective, Sheng Lu
Sheng Lu
Despite the low ebb in trade volume, the year 2009 could be a golden opportunity for the textile and apparel industry both in the United States and China to reform and change. The U.S. textile industry at present urgently needs to figure out some new business models and explore more overseas markets to meet the challenges of lessening domestic demand. On the other hand, the task for the Chinese is to further reduce reliance on exports while absorbing the production capacity of the industry by stimulating more domestic consumption. With the economic interests between the U.S. and Chinese textile and …