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International Financial Issues in the Pacific Rim : Global Imbalances, Financial Liberalization, and Exchange Rate Policy. 伊藤隆敏、A.K.ローズ編 環太平洋権の国際金融問題 －グローバルな不均衡、金融自由化、為替相場政策－
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電子版あり 大学・学術機関向け電子ブック（eBook）ISBN 978-0-226-38708-6
| 著者・編者 | Ito, Takatoshi / Rose, A. K. (eds.), |
|---|---|
| シリーズ | NBER-East Asia Seminar on Economics |
| 出版社 | (U. Chicago Pr., US) |
| 出版年月 | 2008 |
| ページ数 | 428 pp. |
| 言語 | ENG |
| ニュース番号 | ＜551-324 558-330＞ |
解説
The imbalanced, yet mutually beneficial, trading relationship between the United States and Asia has long been one of international finance's most perplexing mysteries. Although the United States continues to post a substantial trade deficit - and China reaps the benefits of a surplus - the dollar has yet to sink in the face of ever-increasing account disparities."International Financial Issues in the Pacific Rim" explains why the United States enjoys a seemingly symbiotic relationship with its trading partners despite stark inequities in the trade balance, especially with Asia. This timely and well-informed study also debunks the assumed link between economic openness and low inflation in the region, identifies the serious gap between academic and private-sector researchers' understanding of exchange rate volatility, and analyzes the liberalization of Asian capital accounts. "International Financial Issues in the Pacific Rim" will have broad implications for global trade and economic policy issues in Asia and beyond.