Dollar adjustment : how far? against what? / C. Fred Bergsten and John Williamson, editors.

Format:

Book

Contributor:

Bergsten, C. Fred, 1941-

Williamson, John, 1937-2021.

Institute for International Economics (U.S.)

Series:

Special reports (Institute for International Economics (U.S.)) ; 17.

Special report ; 17

Language:

English

Subjects (All):

Dollar, American--Congresses.

Dollar, American.

Foreign exchange--Congresses.

Foreign exchange.

International economic relations.

United States--Foreign economic relations--Congresses.

United States.

Genre:

Conference papers and proceedings.

Physical Description:

viii, 294 pages : illustrations ; 23 cm.

Place of Publication:

Washington, DC : Institute for International Economics, 2004.

Summary:

Building on the highly successful 2003 volume, Dollar Overvaluation and the World Economy, this book assesses the progress that has been made to date in correcting the sizable misalignments of key national currencies that developed in the late 1990s and early 2000s. The new volume examines how much dollar decline is needed for the United States to achieve a sustainable current account position and what the impact of a major dollar realignment would be on other economies around the world. It stresses the need for China and other Asian countries to participate actively in this adjustment process and also features new ideas on the effectiveness of intervention in moving exchange rates in a desired direction. Dollar Adjustment brings together perspectives from government, industry, and academia in several of the key countries..

Notes:

Based on a conference held in Washington, D.C. on May 25, 2004.

Includes bibliographical references and index.

ISBN:

0881323780

OCLC:

56324582