The Case for a Common Currency in Asia
Author
Robert Mundell
Date
2004-10-14
Views
6502
Robert_Mundell_The_Case_for_a_Common_Currency_in_Asia
The Case for a Common Currency in Asia
- Speaker: Robert Mundell, Professor, Columbia University, Winner of 1998 Nobel Memorial Prize of Economic Science
- Date: October 14, 2004.
"China is not likely to reform its exchange rate system. They have kept the same policy over the past ten years. That policy has worked very well. China has had better price stability than any of the G7 countries over the last six years. Even though China does not do inflation targeting, China has still achieved closer price..."
The Case for a Common Currency in Asia
- Speaker: Robert Mundell, Professor, Columbia University, Winner of 1998 Nobel Memorial Prize of Economic Science
- Date: October 14, 2004.
"China is not likely to reform its exchange rate system. They have kept the same policy over the past ten years. That policy has worked very well. China has had better price stability than any of the G7 countries over the last six years. Even though China does not do inflation targeting, China has still achieved closer price..."
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