National Academy of Management;Kiev: Natsional'na Akademiya Upravlinnya / National Academy of Management
摘要:
摘要: In this study, we investigated the outcomes of Taiwan and China's long-term pursuit of current account surpluses, which has not enhanced the quality of life, but has resulted in excessive capital, thereby initiating inflation and the subsequent asset bubbles. It is argued that an increase in foreign-exchange reserves drastically reduces the quality of life (consumer confidence). Furthermore, the internationalization of China's currency (Renminbi) can help Taiwan and China escape the USD trap, prevent the asset bubble formation, and enhance the quality of life. 出版者: Kiev: Natsional'na Akademiya Upravlinnya / National Academy of Management 出版日期: 2014-02-01 出處: Aktualʹni problemy ekonomiky, 2014-02 (152), p.345 資源來源: ABI/INFORM Global 版權: Copyright Natsional'na Akademiya Upravlinnya / National Academy of Management 2014 識別號: ISSN: 1993-6788