China’s Devaluation Policy is Very Much a Dangerous One with Various Perils for the United States

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Essay #: 071885
Total text length is 28,407 characters (approximately 19.6 pages).

Excerpts from the Paper

The beginning:
2 page outline
Introduction states that China’s devaluation policy is very much a dangerous one with various perils for the United States
The introduction also states that a theoretical construct predicated upon Malthus and 
Romer
 allows us to see the dangers it poses to the United States 
China has gone to great lengths to manipulate and shelter various domestic industries in competition with the west 
Despite membership in the IMF, China continues to manipulate its currency 
China is a nation that uses an artificially low currency to prevent domestic consumers from buying overseas products whilst manufacturing costs in the country are kept low because of the 
renminbi’s
 artificially depressed value 
Malthus believed that the key to...
The end:
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, David. "Keynesian Macroeconomics without the LM Curve." Working Paper: National Bureau of Economic Research 1 (2000): 1-45. Print.
Romer
, Paul . "Endogenous Economic Change." The Journal of Political Economy 98.5 (1990): S71-S102. Print.
Taylor, John. Principles Of Macroeconomics. 5 ed. Boston: Houghton Mifflin Company, 2006. Print. 
Yang, 
Jiawen
, and Isabelle 
Bajeux-Besnainou
. "Is the Chinese Currency Undervalued?." The GW Center for the Study of Globalization 1 (2004): 1-29. Print.
"About the IMF." IMF -- International Monetary Fund Home Page. 
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