Currency Undervaluation and Sovereign Wealth Funds: A New Role for the World Trade Organization
Two aspects of global imbalances--undervalued exchange rates and sovereign wealth funds--require a multilateral response. For reasons of inadequate leverage and eroding legitimacy, the International Monetary Fund has not been effective in dealing with undervalued exchange rates. This paper proposes...
Main Authors: | Mattoo, Aaditya, Subramanian, Arvind |
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Format: | Journal Article |
Language: | EN |
Published: |
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/4750 |
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