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Joseph E. Gagnon says that while China has improved its record on currency manipulation, other countries are keeping the global total high at $1.5 trillion a year, impeding the US recovery.
RELATED PUBLICATIONS
Policy Brief 12-19: Combating Widespread Currency Manipulation [pdf] July 2012
RELATED INTERVIEWS
Is the World on a Binge of Devaluation? Part II February 8, 2013
Is the World on a Binge of Devaluation? Part I February 7, 2013
Looking Back with Morris Goldstein: Part I November 16, 2012
China and the Presidential Debate: Clarifying the Record October 17, 2012
Iran's Bizarre Dilemma: Hyperinflation and a Currency Shortage October 17, 2012
Will Quantitative Easing (QE3) Do the Trick? Part II September 17, 2012
Will Quantitative Easing (QE3) Do the Trick? Part I September 14, 2012
Global Conflict over Exchange Rates, Part III August 21, 2012
Global Conflict over Exchange Rates, Part II August 20, 2012
Global Conflict over Exchange Rates, Part I August 17, 2012