CounterStrikeMedia
  • Home
    • American Foreign Policy
    • Emerging Threat Assessment
    • Foreign Policy Challenges for 2020
    • FINAL BATTLE: FAITH, REASON & MILITANCY
    • The World's Most Pressing Foreign Policy Challenge
    • Geography, Strategy, Great Power Competition
    • Monetarism, SANCTIONS & TERROR FINANCING
    • Congressional Reform
    • Demography
    • Pentagon Acquisition Reform
    • Quadrennial Defense Review Posture
    • Post Bretton-Woods: Monetary & Exchange Rate Reform
    • Thought Leadership: International Political Economy, Foreign Affairs
  • Regional Policies
    • Monetary Regimes, Exchange Rates, Capital - Current Accounts, Crisis
    • Fiscal Policy
    • Macro Trends
    • China
    • Mexico/Central/South America
    • Israel
    • Iran
    • Iraq
    • Russia
    • India
    • Syria
    • Chechnya
    • Pakistan
    • Africa
    • North Korea
  • Media
    • TED Video & Talks
    • Radio
    • Television
    • Newspapers
    • Book Reviews
  • About
    • CAFE HAYEK
    • The Most Pressing Challenge Facing America
    • The Revolution in Military Affairs
  • U.S. Central Command CENTCOM: The Long War
  • State of the Nation
  • SOUNDCLOUD
  • International Relations Jobs: Global Ranking Think Tanks
  • Tribute: Fouad Ajami & Bernard Lewis
  • Women & International Affairs
  • William Holland Blog
  • Podcasts
  • Contact
    • Topical Newsletter
  • OIL - ENERGY MARKETS

post bretton-woods monetary, exchange rate reform  
MORE HAYEK, LESS KEYNES

KING DOLLAR MEETS CHINA & COVID

4/17/2020

0 Comments

 
Picture
Dollar doomed as China shifts to consumptionThe US dollar may lose a third of its value, with a chronically low savings rate, a large current account deficit and a huge federal financing requirement likely to force a sharp devaluation of the greenback, 
report Uwe Parpart and David Goldman
.
​The US dollar is still king during the coronavirus
The Future of the Dollar
Henry Paulson, Foreign Affairs
the_vise_tightens_on_the_dollar_by_stephen_s._roach_-_project_syndicate.pdf
File Size: 100 kb
File Type: pdf
Download File

Falling Trade, Rising Imbalances...
by Brad W. Setser
China’s Digital Currency Will Rise, Not Rule
Eswar Prasad, Project Syndicate
Is the Almighty Dollar Slipping?
Nouriel Roubini sees the recent depreciation as a symptom of short-term factors, though challenges lie ahead.
America’s New Debt Bomb
Todd G. Buchholz draws parallels to the World War II era and proposes solutions for avoiding a fiscal cliff.
Financial Repression Revisited?
Anne O. Krueger has reservations about a long-used method for reducing massive public liabilities over time.
America’s Coming Double Dip
 Stephen S. Roach argues that the pandemic's continuing impact on consumer demand all but rules out a V-shaped recovery.
The Dark Heart of Gold
Jeffrey Frankel explains why the recent record price for the metal should not determine US monetary policy.
Dual Circulation and China’s New Hedged Integration Strategy | Center for Strategic and International Studies - Jude Blanchette and Andrew Polk
The latest, and perhaps most consequential, development in the Xi administration’s ongoing efforts to position China to withstand volatile geopolitical exigencies is the new “dual circulation” strategy (DCS), first announced at the May Politburo meeting. The strategy, which envisions a new balance away from global integration (the first circulation) and toward increased domestic reliance (the second circulation), stems from Beijing’s belief that China has entered a new paradigm that combines rising global uncertainty and an increasingly hostile external environment with new opportunities afforded by a floundering and listless United States, which China has long viewed as its most important geopolitical rival. Ever the dialectician, Chinese leader Xi Jinping declared in April that China must “take the initiative to seek change, and successfully capture and create opportunities in the midst of the crises and difficulties before us."

This new worldview sees the continued decoupling of global supply chains as an enduring trend, and so Beijing now seeks to attempt a new “big thing”—balancing emphases on both internationalization and self-sufficiency (自力更生) that marks China’s own version of “hedged integration.” This model entails engaging international capital, financial, and technological markets when advantages can be gained while simultaneously bolstering indigenous capabilities to avoid overreliance on the global economy—due to national security concerns or the vagaries of global economic cycles...

If the DCS begins to bear fruit, the impacts on the global economy would be momentous. While Chinese policymakers and commentators have been clear that the DCS does not mean a full-scale pivot away from global economic integration or reliance on external demand, even a marginal shift by China away from its focus on mercantilist export practices could fundamentally reshape global trade and investment flows. But perhaps more importantly, Yu’s argument that China should renew its focus on high-end manufacturing—rather than services and consumer sectors—may mean that China will seek to replicate the German manufacturing model. If successful, such a move would represent a major challenge to industrialized economies. China’s scale of production could begin to disrupt a range of new market segments—as has happened with solar and lithium batteries in the past.

CSIS
THE COMING CHINESE SLOWDOWN
File Size: 3614 kb
File Type: pdf
Download File

0 Comments



Leave a Reply.

    Picture
    THE FUTURE OF THE US DOLLAR
    File Size: 160 kb
    File Type: pdf
    Download File


    THE FED & GOLD
    File Size: 100 kb
    File Type: pdf
    Download File

    Picture
    THE FED'S PROFESSOR STANDARD
    File Size: 100 kb
    File Type: pdf
    Download File



    Picture
    DON'T MAKE USA LIKE ENGLAND
    File Size: 302 kb
    File Type: pdf
    Download File


    Picture
    TRADE WARS & DEPRECIATION
    TRADE WARS & MONETARY REFORM
    File Size: 702 kb
    File Type: pdf
    Download File


    Picture
    THE INTERNATIONAL ECONOMY MAGAZINE

    Picture

    TRADE DEFICITS FIXED BY MONETARY POLICY
    File Size: 472 kb
    File Type: pdf
    Download File


    DE-INDUSTRIALIZATION IN AMERICA
    File Size: 191 kb
    File Type: pdf
    Download File


    How Think About U.S. Trade Deficit
    File Size: 2614 kb
    File Type: pdf
    Download File


    WHY TRADE IMBALANCES BENEFIT USA
    File Size: 2737 kb
    File Type: pdf
    Download File



    Picture

    Picture
    BRETTON WOODS PROBLEM DEFINED

    Picture
    POLICY CONTORTIONS: BRETTON-WOODS

    Picture

    Picture

    Picture
    INTERNATIONAL ECONOMICS

    Picture
    SHADOW STATS

    Picture
    SHADOW OPEN MARKET COMMITTEE

    Picture
    OF TWO MINDS: CHARLES HUGH SMITH BLOG

    Picture

    Picture

    Picture

    Picture
    HOOVER: MILTON FRIEDMAN PAPERS

    Picture
    INTERNATIONAL CENTER MONEY & BANKING

    Trump's Real Trade Problem Is Moneywsj.pdf
    File Size: 333 kb
    File Type: pdf
    Download File


    America Needs Strategic FEDwsj.pdf
    File Size: 303 kb
    File Type: pdf
    Download File


    Currency Manipulation, Bretton Woods Problem_wsj.pdf
    File Size: 238 kb
    File Type: pdf
    Download File


    The Federal Reserve Needs New Thinking wsj pdf
    File Size: 211 kb
    File Type: pdf
    Download File


    What Uber Can Teach the Fed wsj pdf
    File Size: 150 kb
    File Type: pdf
    Download File


    Tweets by WilliamHolland

    Archives

    April 2020
    February 2020
    November 2019
    August 2019
    July 2019
    May 2019
    April 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    July 2018
    April 2018
    March 2018
    February 2018
    January 2018
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    September 2015


    Categories

    All


    RSS Feed


What Our Clients Are Saying

"For topical research on items related to international political economy, unrivaled."

Contact Us

    Subscribe Today!

Submit