intervention, the imposition of capital controls, and, indirectly, quantitative easing. While many countries have experienced undesirable upward pressure on their exchange rates and taken part in the on-going arguments, the most notable dimension has been the rhetorical conflict between the United States and China over the valuation of the Yuan. This which began in the early 21st century is being
intervention.
LM curve shifts right, Y increases, R decreases to its original level.
Result is higher Y and R.
3. Exchange Rate Policy
• Downvaluation -> Exchange rate increase
IS curve shifts right, Y and R increase.
Higher R increases foreign capital inflow.
• Creates BP surplus and upward pressure on currency.
Central
immediately pushed the surging yen down from the fresh 15-year highs it hit on Tuesday to trade above 85 against the dollar. The U.S. currency gained more than 2 percent immediately after the intervention.
On Tuesday the yen had risen to 82. 87 against the dollar, a level seen by analysts as a possible threshold for government action to curb the currency, which has badly hurt the economy.
Introduce about China !
Fourth biggest country in the world !
Capital : Beijing
Language : Chinese
Climate : Damp, arid, continental
Religion : Taoism, Buddhism,
Christian, Islam etc
Currency : Yuan
Population : 13 hundred million
GDP per 1 person : 4382$ (2010)
China National flag means…?
Red : revolution
Yellow : yellow race
Big yellow star
->The
interventions aimed at reintegrating these children successfully into their families;
(c) Increasing the resources provided to local authorities providing services to street children and their families.
☞ 출생신고가 되지 않는 아이들이 있는데 국가가 그런 아이들에 대한 책무를 다하지 않고 있다.
그로 인해 아동들의 시민권과 자유권이 부여