Author/Editor: Barry J. Eichengreen, Hui Tong.

Release Date:July, 2011

We examine the impact of renminbi revaluation on foreign firm valuations, considering two surprise announcements of changes in China’s exchange rate policy in 2005 and 2010 and employing data on more...

Author/Editor: Barry J. Eichengreen.

Release Date:May, 2009

The Global Credit Crisis of 2008-09 has underscored the urgency of reforming the international financial architecture. While a number of short-term reforms are already in train, this paper more...