The Blind Man and the Elephant: Competing Perspectives on Global Imbalances

Author
Barry Eichengreen
Date
2005-09-01
Views
7265
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The Blind Man and the Elephant: Competing Perspectives on Global Imbalances

- Speaker: Barry Eichengreen, Professor, UC, Berkeley

- Date: September 1, 2005.

"Although the current global imbalances cannot be explicated by a single factor, the relatively low value of emerging Asian natoins' currencies is one of various contributing factors... Emerging Asian countries can permit their currencies to appreciate against the dollar as soon as but it must be carried out graually...." 
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