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The Political Economy of Exchange Rates
Nathalie Aminian,K.C.Fung,Alicia Garcia-Herrero,Alan Siu 인하대학교 정석물류통상연구원 2009 인하대학교 정석물류통상연구원 학술대회 Vol.2009 No.10
This paper sets out a political economy model of exchange rates, focusing in the importance of external lobbying. Applying it to the recent history of the Chinese yuan, we show that pressure from the U.S. trade negotiators could lead to an appreciation of the Chinese yuan, as well as to a reduction in import prices and trade disequilibrium between the United States and China.
French, German, and Japanese FDI on Intra-East Asian Trade
( K C Fung ),( Nathalie Aminian ),( Alicia Garcia Herrero ),( Hitomi Iizaka ),( Francis Ng ) 세종대학교 경제통합연구소(구 세종대학교 국제경제연구소) 2013 Journal of Economic Integration Vol.28 No.2
In this paper we first document the growing importance of intra-East Asian trade in parts and components and capital goods facilitated by foreign direct investment (FDI). Japanese direct investment has a stronger influence on intra-East Asian trade relative to FDI from France and Germany. It is related to the roles of small and medium enterprises in the Japanese FDI in East and Southeast Asia.