{"id":3869,"date":"2012-05-03T18:24:13","date_gmt":"2012-05-03T16:24:13","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3869"},"modified":"2012-05-03T18:24:13","modified_gmt":"2012-05-03T16:24:13","slug":"why-a-more-flexible-renminbi-still-matters","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/why-a-more-flexible-renminbi-still-matters\/","title":{"rendered":"Why a More Flexible Renminbi Still Matters"},"content":{"rendered":"<p><a href=\"http:\/\/www.project-syndicate.org\/contributor\/kenneth-rogoff\" target=\"_blank\">Rogoff, Kenneth<\/a>.<\/p>\n<p>One of the most notable macroeconomic developments in recent years has been the sharp drop in China\u2019s current-account surplus. The International Monetary Fund is now forecasting a 2012 surplus of just 2.3% of GDP, down from a pre-crisis peak of 10.1% of GDP in 2007, owing largely to a decline in China\u2019s trade surplus \u2013 that is, the excess of the value of Chinese exports over that of its imports.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Project Syndicate<\/p>\n<p><a href=\"http:\/\/www.project-syndicate.org\/commentary\/why-a-more-flexible-renminbi-still-matters\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rogoff, Kenneth. One of the most notable macroeconomic developments in recent years has been the sharp drop in China\u2019s current-account surplus. The International Monetary Fund is now forecasting a 2012 surplus of just 2.3% of GDP, down from a pre-crisis peak of 10.1% of GDP in 2007, owing largely to a decline in China\u2019s trade [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,39],"tags":[28,25],"class_list":["post-3869","post","type-post","status-publish","format-standard","hentry","category-18","category-39","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=3869"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3869\/revisions"}],"predecessor-version":[{"id":3870,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3869\/revisions\/3870"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}