ebook img

Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) PDF

141 Pages·2008·1.164 MB·English
Save to my drive
Quick download
Download

Download Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) PDF Free - Full Version

by C. Randall Henning| 2008| 141 pages| 1.164| English

About Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics)

The dispute over Chinese exchange rate policy within the United States has generated a series of legislative proposals to restrict the discretion of the US Treasury Department in determining currency manipulation and to reform the department's accountability to the Congress. This study reviews the Treasury's reports to the Congress on exchange rate policy introduced by the 1988 trade act and Congress's treatment of them. It finds that the accountability process has often not worked well in practice: The coverage of the reports has sometimes been incomplete and not provided a sufficient basis for congressional oversight. Nor has Congress always performed its own role well, holding hearings on less than half of the reports and overlooking important substantive issues. Several recommendations can improve guidance to the Treasury, standards for assessment, and congressional oversight. These include (1) refining the criteria used to determine currency manipulation and writing them into law; (2) explicitly harnessing US decisions on manipulation to the IMF's rules on exchange rates; (3) clarifying the general objectives of US exchange rate policy; (4) reaffirming the mandate to seek international macroeconomic and currency cooperation; and (5) institutionalizing multicommittee oversight of exchange rate policy by Congress. As they develop legislation targeting manipulation, furthermore, legislators should not lose sight of the broader purposes of the 1988 act relating to the effective valuation of the dollar, the current account, and their ramifications for the US economy overall.

Detailed Information

Author:C. Randall Henning
Publication Year:2008
ISBN:9781435658059
Pages:141
Language:English
File Size:1.164
Format:PDF
Price:FREE
Download Free PDF

Safe & Secure Download - No registration required

Why Choose PDFdrive for Your Free Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) Download?

  • 100% Free: No hidden fees or subscriptions required for one book every day.
  • No Registration: Immediate access is available without creating accounts for one book every day.
  • Safe and Secure: Clean downloads without malware or viruses
  • Multiple Formats: PDF, MOBI, Mpub,... optimized for all devices
  • Educational Resource: Supporting knowledge sharing and learning

Frequently Asked Questions

Is it really free to download Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) PDF?

Yes, on https://PDFdrive.to you can download Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) by C. Randall Henning completely free. We don't require any payment, subscription, or registration to access this PDF file. For 3 books every day.

How can I read Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) on my mobile device?

After downloading Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) PDF, you can open it with any PDF reader app on your phone or tablet. We recommend using Adobe Acrobat Reader, Apple Books, or Google Play Books for the best reading experience.

Is this the full version of Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics)?

Yes, this is the complete PDF version of Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) by C. Randall Henning. You will be able to read the entire content as in the printed version without missing any pages.

Is it legal to download Accountability and Oversight of US Exchange Rate Policy (Policy Analyses in International Economics) PDF for free?

https://PDFdrive.to provides links to free educational resources available online. We do not store any files on our servers. Please be aware of copyright laws in your country before downloading.

The materials shared are intended for research, educational, and personal use in accordance with fair use principles.