mercantilist

Turning the yuan into a reserve currency offers China a way out of its mercantilist growth model, which has run its course.

It was, as the authors explain, a "mercantilist world where unilateral free trade and a pacific stance were not viable options" .

Although some parts of his analysis may appear too mercantilist to the Anglo-Saxon reader, his main thesis is all too convincing.

First, it would only make sense if the currency were to be unpegged from the dollar, in which case the mercantilist strategy would collapse.

'China's mercantilist policies continue to undermine the health of U. S. industries, ' he said.

Allowing meaningful currency appreciation while exports are flagging would run counter to its mercantilist tradition.

Instead, when a mercantilist China uses unfair trade practices to wage war on our manufacturing base, the American economy is the big loser.

India is no mercantilist adding to global imbalances. It imports more than it exports, creating much needed global demand.

The mercantilist view began to yield, after the late 18th century, to a free trade view.

In good times, Europe tolerated growing trade imbalances and was fairly patient with China's mercantilist policies.

In many ways, China also behaves in a mercantilist fashion, which gives the impression it cares little about anyone else.

Mr Hickey sees China's currency policy as part of "a mercantilist plan" to gain market share in the US.

Like Germany, another structurally mercantilist powerhouse, Japan must generate demand at home.

It is a rather mercantilist attitude to culture, but then it is only following a well-trodden path.

First, China is back to its same old mercantilist tricks.

China's single-minded pursuit of mercantilist objectives produces inflation and overheating at home.

Why? Mercantilist thinking may play a role, especially in China, which may view its huge foreign currency reserves as a form of security.

On contrast, variables associated with mercantilist motives often lost their statistical significant in the tests.

Having created a dollar hoard through its mercantilist policies, China seeks to preserve the value of its hoard.

China's essentially mercantilist approach to growth persists regardless of the rhetoric.

Ricardo was not the first to challenge the mercantilist orthodoxy .

Mercantilist thinking demands a lower, exporter-supporting currency.

Rather like mercantilist countries in the offline realm, both companies operate policies to protect this asset.

Instead, it follows a mercantilist policy, keeping its trade surplus artificially high.

Of course, mercantilist thinking has moved on since the 18th century.

China bashers see in Beijing's mercantilist expansion the same exploitative patterns that typified Africa's past relations with Europe .

Instead of coveting gold and silver, modern mercantilist politicians talk of promoting employment.

And, much more than in China, the hot story in India is domestic demand. India is no mercantilist adding to global imbalances.

Thanks to their rise, more of the world economy operates under mercantilist pegged exchange rate regimes.

The world's second largest economy has run blatantly mercantilist (that is, discriminatory) economic policies for years.

That is unlikely as long as mercantilist thinking continues to dominate the renminbi debate.

On the Controversy between Mercantilist and Modern Monetarist Theories