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Research On The Effect Of The Age Structure Of Population To The RMB Real Effective Exchange Rate

Posted on:2014-01-22Degree:MasterType:Thesis
Country:ChinaCandidate:Z Y LiFull Text:PDF
GTID:2247330398992834Subject:World economy
Abstract/Summary:PDF Full Text Request
Since China has reformed and opened up to the outside world in1978, ourcountry’s every aspect of economy has been improved especially after its participationin WTO in2001. Therefore China already has a solid foundation for its role as worldfactory. Since July21th in2005, China has been going into a reformation in RMBexchange rate system, which is an change of great extent. From then on, the RMBexchange rate is not solely based on the alteration of USD dollars.While instead, its change now is based on a variety of currencies that has a closerelationship to China’s reading, which all restrain the fluctuation of RMB exchange rate.The stable and quick development of our country’s economy has brought greatpressure to other economies. Therefore, in order to keep China’s economy within limits,western countries have brought great pressure to China. They all expressed that theREM exchange rate has been undervalued. And this is also the main reason for the rapidincrease of country’s economy.However, I do not consider the undervaluing of RMB exchange rate is the reasonfor the fast increase of our economy. This article states the relationship betweeneffective exchange rate and age agriculture based on the respect of labor and agingpopulation.The research train of thought is as follows: Firstly it states the reason for choosingthis topic and the research outcomes that has been published. Secondly, the article hasthe trend analyze of population age system and exchange rate. Finally the result hasbeen acquired and some advice has been offered based on the result.The whole research contains five parts:The first part is the introduction. The part is mainly about the topic choosing andthe research result that have been published. Also the creative parts and some weaknesshave been stated.The second part is the academic research of exchange rate change from the ageagriculture. This part studies the factors that impact the age agriculture. Also the factorsthat affect the RMB exchange rate have been discussed and the result mechanismbetween age agriculture problem and exchange rate alteration has been achieved.The third part is the calculation of the real effective RMB exchange rate. This partis composed of four steps.The fourth part is the practical study of age agriculture and real RMB effective rate. Through this part, the result is acquired about the relationship of this two factors.The fifth part is the outcome and the political advice.
Keywords/Search Tags:Age Agriculture, The Real Rffective Exchange Rate, The Balassa-Samuelson Effect
PDF Full Text Request
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