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July 21, 2006

The Yuan Float, One Year Later

Nouriel Roubini and I debate the issue, in the latest edition of the Wall Street Journal Online's Econoblog feature.  I'm a bit distressed, though not really surprised, that so few questions have been resolved since Nouriel and I last met on the Econoblog battlefield.

July 21, 2006 in Asia, Exchange Rates and the Dollar | Permalink

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Listed below are links to blogs that reference The Yuan Float, One Year Later:

» Yuan float - questions unresolved from New Economist
Dave Altig and Nouriel Roubini debate The Yuan Float, One Year Later over at the Wall Street Journal Econoblog column. Dave comments on his weblog that:...I'm a bit distressed, though not really surprised, that so few questions have been resolved since... [Read More]

Tracked on Jul 21, 2006 3:22:15 AM

» Chinese Yuan Rising? -- But What About China? from China Law Blog
Today's Wall Street Journal has an interesting article on the Chinese Yuan. Will it appreciate? When, by how much, and what will its impact be? The article is in the form of a back and forth exchange between two leading economists, Nouriel Roubini and ... [Read More]

Tracked on Feb 2, 2010 1:16:39 PM

Comments

Hi Dave,

He he, yes the question of the yuan float and subsequent appreciation certainly seems in a stalemate. The show troddles on in other words ...

On that note ... have you seen this from China Law Blog?

http://www.chinalawblog.com/chinalawblog/2006/07/chinese_yuan_ri.html#comments

'These guys [that would be you and Roubini] obviously know their economics, but I fault them for essentially ignoring China's reality on the ground in their discussion, as though that will not play a huge part in what happens to the Yuan. They both talk about China's overheating as a fact and they both cite Chinese growth statistics as though they are wholly accurate.'

I am not chosing side here, just pointing to another angle.

Cheers

Claus

Posted by: claus vistesen | July 22, 2006 at 05:20 AM

Hi Claus -- I had not seen that. Thanks much for the heads up.

Posted by: Dave Altig | July 24, 2006 at 07:20 AM

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