Abstract
Global macroeconomic imbalances are among the key issues facing policymakers, especially in the US and China, the two major affected/contributing parties. While there has been a great deal of discussion on this important issue the literature has, broadly speaking, emphasised three aspects.
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5 East Asia and the Real Exchange Rate
11. International Monetary Fund (IMF) (2010). World Economic Outlook: Rebalancing Growth, IMF: Washington, DC (April). Chapter 4 discusses the Plaza Accord and the impact of currency account surpluses reversals in Japan and elsewhere.
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© 2011 Ramkishen S. Rajan and Javier H. Beverinotti
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Beverinotti, J. (2011). East Asia and the Real Exchange Rate. In: Emerging Asia. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230306271_5
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DOI: https://doi.org/10.1057/9780230306271_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-31562-8
Online ISBN: 978-0-230-30627-1
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