Prof. Imad Moosa, Royal Melbourne Institute of Technology, Talks on Yuan Revaluation
2011-10-08
September 13, 2011, Prof. Imad Moosa, Royal Melbourne Institute of Technology, made a presentation to SME teachers and students entitled "Why Revaluation of the Yuan will not Work" at Conference Room 418 in the main building. The lecture was hosted by Director Ma Ming, Department of Applied Economics.
Professor Imad Moosa addressed the current hot topic: can RMB appreciation ease the Sino-US trade imbalance? From seven aspects including the profit margins of importers and manufacturers, he gave in-depth analysis of why the appreciation of the RMB does not work. The lecture greatly expanded the students' ideas and vision.
Speaker Biography:
Imad Moosa is a professor of finance at RMIT, Melbourne. He has also held positions at Monash University (Melbourne), La Trobe University (Melbourne) and the University of Sheffield (UK). He holds a BA in Economics and Business Studies, MA in the Economics of Financial Intermediaries and a PhD in Financial Economics from the University of Sheffield (UK). He has received formal training in model building, exchange rate forecasting and risk management at the Claremont Economics Institute (United States), Wharton Econometrics (United States) and the Center for Monetary and Banking Studies (Switzerland). Before turning to academia in 1991, he worked as a financial analyst, a financial journalist and an investment banker for over 10 years. He has also worked at the International Monetary Fund in Washington DC and acted as an advisor to the US Treasury.
Imad's work encompasses the areas of International Finance, Banking, Risk Management, Macroeconomics, and Applied Econometrics. His papers have appeared in the Journal of Applied Econometrics, Canadian Journal of Economics, IMF Staff Papers, Journal of Futures Markets, Quantitative Finance, Southern Economic Journal, American Journal of Agricultural Economics, Journal of Development Economics, Journal of Comparative Economics and Journal of Economic Organization and Behavior. He has also written for the prestigious Euromoney Magazine. His recent books include Quantification of Operational Risk under Basel II: The Good, Bad and Ugly and The Myth of Too Big to Fail both published by Palgrave (London) in 2008 and 2009. His forthcoming book, The US-China Trade Dispute: Facts, Figure and Myths, will be published by Edward Elgar next year.