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That may be the one virtue of the rising yen and the destruction it wreaks: It is exposing the ineptitude of the Hatoyama administration's economic policies.

或许日圆升值和其衍生的破坏不全是坏事,至少我们学到一点,它暴露了鸠山政府的经济政策的颟顸。

For example, enterprises which have foreign currency loan, accounts payable and other debt will get benefit from it, but which have foreign currency asset will suffer from the loss.

例如,人民币升值后,拥有外币借款、应付帐款等外债的企业将因此受益,而拥有外币货币性资产的企业将因此遭受损失。

An Asian rebound would normally induce capital inflows, rising asset values, a stronger currency and a tighter policy.

正常情况下,亚洲经济回升会引发资本流入、资产价格攀升、货币升值和政策紧缩。

In this connection, policy contradictions resulting from the 'Policy Trilemma' proposed by Mundell-Fleming are examined to analyze the cost of gradualist capital account openness, such as capital flight in anticipation of currency devaluation and excess capital inflow coupled with asset appreciation spawned by currency revaluation.

本文首先以蒙代尔-弗莱明&三元悖论&导致的政策冲突分析了资本账户渐进开放的成本,如货币贬值预期下的资本外逃、货币升值预期情况下的资本过度流入以及资产价格上升等。

Therefore the RMB appreciation is helpful for balancing China international balance of payment step by step, but the reason lead to the China international balance of payment surplus is profundity and complex especially to the cumulation of trade surplus, which is no only lead by undervalued RMB and improper form system of RMB exchange rate.

这说明虽然人民币升值有利于促进我国国际收支逐步趋于平衡,但是我国的国际收支顺差,尤其贸易顺差的累积&冰冻三尺,非一日之寒&,有着深刻、复杂的原因,不单单是由于人民币被低估或者人民币汇率形成机制不合理造成的。

Moreover, the distribution of the burden of adjustment depends hugely on whether Asia, including China, shares the required offsetting appreciation with Europe.

另外,在很大程度上,汇率调整负担的分配,取决于包括中国在内的亚洲国家是否与欧洲一起令本币升值

Their prices also showing a rising trend in varying degrees, Theo center officials told us that they have confidence in a successful bid to catch up with 10 points after the wind Lin oasis appreciation miracle.

其价格也呈现出不同程度的上涨趋势,西奥中心的负责人告诉记者,他们有信心追上当年申奥成功后风林绿洲10个点的升值奇迹。

Center Square property must be appreciated property, which is the development of Shenzhen and numerous cities and regions of the law!

中心广场的物业必定是升值的物业,这是深圳及无数城市和地区发展的规律!

To aim directly at causality between export commodity using composition and economic development in China, differences of element input caused by appreciation of RMB, relationship between productive efficiency of trade department or not and exchange rate, and effect of every factor to micro commodity these problems, the paper applied econometric models such as vector auto regression, vector error correction model, varying parameter model and panel data model to expose contact between varied export commodity composition and different economic variables.

针对商品使用结构与中国经济发展的因果关系、人民币升值造成中国出口商品要素投入的差异、贸易和非贸易部门的生产率同汇率的关系、各影响因素对微观出口商品的影响四个相关问题,利用向量自回归、误差修正、变参数模型和面板数据模型等计量经济模型揭示不同类型的出口商品结构与各经济变量间的联系。

The composite C/A balance in the de facto dollar zone has steadily improved in the past three years, as it is in fact approaching a fully financed position, while, during the same period, the balance in the de facto euro zone has steadily deteriorated.

虽然我们早已指出,在全球经济恶化的背景下,跨国避险行为将是推动美元升值的强大动力,但基本面的一些重要因素也意味着美元理应坚挺。本文着重分析了一项有利于美元的重要宏观因素:过去3年间,&事实美元区&的经常项目收支一直在稳步改善,而且可望在一年内实现完全的内部融资;另一方面,&事实欧元区&则在不断恶化。

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