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Joseph E. Gagnon and John Williamson discuss the phenomenon of currency manipulation by China and other countries and why the United States and Europe are adversely affected. This is the first of a three-part discussion.
RELATED PUBLICATIONS
Op-ed:
Time for a Fightback in the Currency Wars
Op-ed in the Financial Times
September 4, 2012
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
Currency Manipulation: It's Not Just China July 17, 2012