题 目：Why Revaluation of the Yuan will not Work
主讲人：Imad Moosa教授 皇家墨尔本理工大学
时  间：2011年9月13日 下午2:00
地  点：主楼418会议室
主讲人简介：
       
        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 (U.K.). 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 U.S. Treasury.

内容简介：

        A trade war may break out between the U.S. and China, as the U.S. has repeatedly threatened to impose tariffs on imports from China unless the Chinese revalue the Yuan by the estimated undervaluation of the currency. The threat of action is based on the proposition that undervaluation of the Yuan is the source of and cure for the U.S. massive tradedeficit with China. Arguments are presented against the cause and cure proposition. In particular, seven reasons are put forward to explain why revaluation of the Yuan will not work, thus undermining the foundation of an impending trade war.

 （承办：应用经济系）