What Students of the Global Economy Should Know About Chinese Capital Flows: More Questions Than Answers

Jannett Highfill (), Raymond Wojcikewych and Joshua Lewer ()
Additional contact information
Raymond Wojcikewych: Bradley University

No 1128, International Trade and Finance Association Conference Papers from International Trade and Finance Association

Abstract: Many developing economies of the world today have been building up massive foreign exchange reserves of industrialized economies. A clear example of this is China. In February of 2005, China surpassed Japan as the world's largest holder of foreign exchange reserves. After the Asian Contagion period of the late 1990's, this buildup as a whole could be seen as a healthy development. But with an accumulation of over $1.4 trillion in 2007, questions have arisen if China's actual reserves are too large relative to "normal demand." The purpose of this paper is to briefly review both the macroeconomic aspects of China's reserve holdings, and to examine the treatment of the subject in contemporary international economics textbooks.This paper was presented May 22, 2008, at the 18th International Conference of the International Trade and Finance Association, meeting at Universidade Nova de Lisboa in Lisbon, Portugal.

Date: 2008-08-14
New Economics Papers: this item is included in nep-cna, nep-sea and nep-tra
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bep:itfapp:1128

Access Statistics for this paper

More papers in International Trade and Finance Association Conference Papers from International Trade and Finance Association
Bibliographic data for series maintained by Christopher F. Baum ().