IDEAS home Printed from https://ideas.repec.org/p/mlb/wpaper/621.html
   My bibliography  Save this paper

Is Devaluation of the Chinese Yuan Inevitable? - The Impact of East Asia's Crisis on China

Author

Listed:
  • Fan, M.
  • Yi, W.
  • Zhang, X.-G.

Abstract

The current financial crisis in East ASia has posed serious pressure on China to devaluate its currency. It is argued in this paper that devaluation is not inevitable. This argument is based on an analysis of the impacts of East Asia's crisis on China's trade and foreign capital inflows. China's domestic financial and banking problems are also examined. It is found in this paper that China's recent economic growth is largely driven by internal forces.

Suggested Citation

  • Fan, M. & Yi, W. & Zhang, X.-G., 1998. "Is Devaluation of the Chinese Yuan Inevitable? - The Impact of East Asia's Crisis on China," Department of Economics - Working Papers Series 621, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:621
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ramkishen S. Rajan, 1998. "The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis," Macroeconomics Working Papers 22382, East Asian Bureau of Economic Research.
    2. Anita Doraisami, 2004. "Trade Causes of the Asian Crisis: The Malaysian Experience," The World Economy, Wiley Blackwell, vol. 27(5), pages 715-725, May.
    3. Anita Daraisami, 2004. "Export growth slowdown and currency crisis: the Malaysian experience," Applied Economics, Taylor & Francis Journals, vol. 36(17), pages 1947-1957.

    More about this item

    Keywords

    ASIA ; CHINA ; DEVALUATION ; ECONOMIC GROWTH;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mlb:wpaper:621. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dandapani Lokanathan (email available below). General contact details of provider: https://edirc.repec.org/data/demelau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.