Paul Lachine Comments 0 Add to Bookmarks chinese Chinese Arabic English French Spanish Facebook Twitter Whatsapp 人民币渐进升值完全正确 Apr 22, 2010 Barry Eichengreen 伯克利——前一阵子，美中关系非常紧张，到4月初最严重的时候，差点爆发一场全面贸易战。目前，形势已有所缓和，中国即将调整汇率政策这一点，也已经明朗了。最终，中国准备让人民币重拾缓慢、稳步升值的脚步。我们现在可以预计，人民币将再度开始对美元渐进升值，就像2005到2007年时那样。一部分观察家，尤其是那些最担心贸易战的人，应该可以放心了。但其他一些人，认为人民币低估是造成美国失业的一个重要因素，渐进升值会令他们失望。他们更希望见到人民币一下子升值20%，从而明显地遏制美国的失业上升势头。还有一些人则认为，中国调整汇率政策是避重就轻。在他们看来，中国经常账户盈余和相应的美国经常账户赤字才是问题的关键。他们说经常账户平衡是国民储蓄—投资率的反映。中国账上之所以有对外盈余，是因为其国民总储蓄超出其国民总投资。美国账上之所以是对外赤字，是因为其国民总储蓄不足——以前这得怪居民的过度开支，现在则是政府大手大脚的错。 To continue reading, please log in or enter your email address. Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access. Email required Receive our Sunday newsletter Log in Featured What’s Been Stopping the Left? Apr 10, 2018 Dani Rodrik Political Machismo Apr 10, 2018 Ian Buruma Will China Really Supplant US Economic Hegemony? Apr 2, 2018 Kenneth Rogoff Should Tech Companies Be More Tightly Regulated? Mar 30, 2018 Simon Johnson Liberal World Order, R.I.P. Mar 21, 2018 Richard N. Haass LinkedIn Google+ Bookmark Email Print 0 Facebook Twitter Whatsapp Show More Show More Contact Us http://prosyn.org/U7GsLgB/zh;
Michele Tantussi/Getty Images Germany’s Populist Temptation Apr 19, 2018 Sławomir Sierakowski laments the Christian Social Union's turn to the right since the federal elections last year.
Mikhail Metzel\TASS via Getty Images The West’s Crisis of Confidence Apr 19, 2018 Carl Bildt worries that the two countries most responsible for creating the postwar global order are now abandoning it.
Kevin Frayer/Getty Images No Blank Check for Development Banks Apr 19, 2018 Kevin P. Gallagher & Jörg Haas want to compel the World Bank and its partner institutions to commit to climate-friendly infrastructure.
Matthew Daniels/U.S. Navy via Getty Images Missile Strikes Are Not a Syria Strategy Apr 19, 2018 Richard N. Haass thinks the latest US, British, and French attack failed to achieve even the tactical goal of deterrence.
YE AUNG THU/AFP/Getty Images The “Next Eleven” and the World Economy Apr 18, 2018 Jim O'Neill assesses the economic potential of the bloc of countries coming in the wake of the BRICs.
Should We Really Care About Inequality? Apr 18, 2018 Jason Furman questions whether policymakers should be concerned with balancing economic growth and inequality.
Drew Angerer/Getty Images A Trade Tutorial for Trump Apr 18, 2018 Asad Jamal shows what today's US protectionists are getting wrong – and why their ignorance is so dangerous.
Richard Lautens/Toronto Star via Getty Images Automation and American Leadership Apr 18, 2018 Robert Skidelsky suggests that economic equity and global technological dominance might be incompatible political goals.
伯克利——前一阵子，美中关系非常紧张，到4月初最严重的时候，差点爆发一场全面贸易战。目前，形势已有所缓和，中国即将调整汇率政策这一点，也已经明朗了。最终，中国准备让人民币重拾缓慢、稳步升值的脚步。我们现在可以预计，人民币将再度开始对美元渐进升值，就像2005到2007年时那样。
一部分观察家，尤其是那些最担心贸易战的人，应该可以放心了。但其他一些人，认为人民币低估是造成美国失业的一个重要因素，渐进升值会令他们失望。他们更希望见到人民币一下子升值20%，从而明显地遏制美国的失业上升势头。
还有一些人则认为，中国调整汇率政策是避重就轻。在他们看来，中国经常账户盈余和相应的美国经常账户赤字才是问题的关键。他们说经常账户平衡是国民储蓄—投资率的反映。中国账上之所以有对外盈余，是因为其国民总储蓄超出其国民总投资。美国账上之所以是对外赤字，是因为其国民总储蓄不足——以前这得怪居民的过度开支，现在则是政府大手大脚的错。
To continue reading, please log in or enter your email address.
Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access.