http://www.eastasiaforum.org/2010/03/20/analysing-the-debate-over-chinas-exchange-rate-and-the-trade-balance/ Economics, Politics and Public Policy in East Asia and the Pacific Mon, 13 Feb 2012 06:23:14 +0000 hourly 1 http://wordpress.org/?v=3.2 http://www.eastasiaforum.org/2010/03/20/analysing-the-debate-over-chinas-exchange-rate-and-the-trade-balance/comment-page-1/#comment-104508 Janelle R Fri, 19 Mar 2010 22:12:37 +0000 http://www.eastasiaforum.org/?p=10767#comment-104508 While I am sympathetic to the author's view that currency appreciation may not be sufficient to reduce the trade surplus, I kind of feel that he cheated: The so-called 'macroeconomic analysis' he introduced in the post looks to me as only a special case. Currency appreciation leading to the collapse of investment and imports only happens with special conditions. While I am sympathetic to the author’s view that currency appreciation may not be sufficient to reduce the trade surplus, I kind of feel that he cheated: The so-called ‘macroeconomic analysis’ he introduced in the post looks to me as only a special case. Currency appreciation leading to the collapse of investment and imports only happens with special conditions.

]]>