Current Account Rebalancing and Real Exchange Rate Adjustment Between the U.S. and Emerging Asia /
A reduction in the U.S. current account deficit vis-a-vis emerging Asia involves a shift in demand from U.S. to emerging Asia tradable goods and a change in international relative prices. This paper quantifies the required adjustment in the terms of trade and real exchange rates in a three-country o...
Autor Principal: | |
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Outros autores: | , |
Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2011.
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Series: | IMF Working Papers; Working Paper ;
No. 2011/046 |
Acceso en liña: | Full text available on IMF |