Globalization, Polanyi, and the Chinese Yuan
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Authors
Weas, David A.
Subjects
Advisors
Looney, Robert
McNab, Robert M.
Date of Issue
2007-12
Date
Publisher
Monterey, California. Naval Postgraduate School
Language
Abstract
In 2005, China, seemingly in response to pressure from the international community, moved the Chinese Yuan from a hard peg against the U.S. Dollar to a valuation scheme against a basket of international currencies. Whether the revaluation of the Yuan was in response to U.S. domestic pressure rising from the increasing U.S.-Chinese trade deficit, manufacturing migration, rising concerns about globalization, is open to debate. This thesis examines the 2003 United States -- China Economic and Security Review Commission (USCC), international organizations, U.S. trade law, and technologic applications within the context of globalization to provide an alternate understanding of why the perceived pressure to revalue the Yuan was so quickly and vigorously pursued.
Type
Thesis
Description
Series/Report No
Department
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funder
Format
xiv, 86 p. : ill. (some col.) ;
Citation
Distribution Statement
Approved for public release; distribution is unlimited.