Template-Type: ReDIF-Article 1.0
Author-Name: Ponomarev Aleksandr V.
Author-Email: alex-ponomarev@yandex.ru
Author-Workplace-Name: Moscow State Institute of International Relations(University) of the Ministry of Foreign Affairs of the Russian Federation
Title: The Chinese Foreign Exchange Policy and the Global Investment Process
Abstract: The article author examines the current global investment process using the approach the Austrian economic school members used. He notes that the approaches suggested for use by the Keynesian theory-oriented economists and the monetarists do not include the rationale for today’s economists’ attempt to use the government intervention as a tool for improving the situation in the global economy. The article author stresses that the Chinese factor is a key factor that forms the development trends in the world financial system and the international real sector investment process.
Classification-JEL:
Keywords: Austrian school of economic thought, investments, malinvestments, China, foreign exchange policy, foreign exchange rate, saving rate, interest rate, demographic policy, spontaneous market order
Journal: Finansovyj žhurnal — Financial Journal
Pages: 69-78
Issue: 3
Year: 2010
Month: July
File-URL: http://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2010/3/statii/100306.pdf
File-Format: Application/pdf 
Handle: RePEc:fru:finjrn:100306:p:69-78