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Can the current post-Bretton Woods international monetary system prevent a return to the beggar-thy-neighbor policies and competitive devaluations that so harmed international prosperity in the 1930s? What are the system's flaws? Can they be corrected, and if so, how? An expert panel will address these and related issues.
When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.
Yes, China manipulates its currency, but it’s a form of generous foreign aid to Americans.
If financial stability was at the top of the central banks' agenda by 1999, one can reasonably wonder what they were doing about it from 1999 to 2007.
Could the Renminbi replace the dollar as an international medium of exchange? In his latest Economic Outlook, John Makin explains why such fears are premature and unwarranted.
There should not be an Americas currency bloc
A full-fledged international role for the yuan, as a store of value as well as a medium of exchange and unit of account, is highly unlikely in the near term.






