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The stability of the Renminbi in the wake of the Asian financial crisis

  • China
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Intereconomics

Abstract

In the wake of the Asian crisis, a possible devaluation of the Chinese currency has come to the forefront of the academic debate. The currency collapse of the Asian amerging economies has indeed left the Renminbi overvalued relative to its main regional competitors. This article explores the credibility of the ‘no devaluation’ pledge made by the Chinese policymakers.

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References

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Authors and Affiliations

  1. Kiel, Germany

    Francois J. Gurtner

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  1. Francois J. Gurtner
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Gurtner, F.J. The stability of the Renminbi in the wake of the Asian financial crisis. Intereconomics 34, 135–143 (1999). https://doi.org/10.1007/BF02930165

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  • DOI: https://doi.org/10.1007/BF02930165

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