Your English writing platform
Discover LudwigSuggestions(1)
Exact(2)
Even this surplus-based method now points to a smaller yuan undervaluation than it used to because China's surplus has shrunk.
In this paper, we tested the hypothesis that manufacturing sectors in Latin American countries have been more affected by currency over or undervaluation than those placed in other industrialized countries in the 1995 2008 period.
Similar(58)
The combination of higher prices and a strengthening currency erased much of the undervaluation that institutions like the International Monetary Fund perceived early in the global financial crisis.
CHINA'S currency has long been undervalued, and this undervaluation has long been a sore spot for China's trading partners.
A higher earnings yield may not be evidence of undervaluation but instead may reflect nothing more than stocks' risk premium over bonds.
At that pace, the renminbi could erase its artificial undervaluation — as some economists estimate it — in less than two years.
This year's Africa Progress Panel report detailed five deals that cost Congo more than $1.3bn in revenues through the undervaluation of assets and sale to foreign investors.
That is less than previous estimates of a 20-25% undervaluation, based on models that calculate the appreciation in the yuan needed to reduce China's current-account surplus to a manageable level of, say, 3% of GDP.
By contrast, the undervaluation of the yuan vs. the dollar explains less than 2%.
Whenever the undervaluation index exceeds one, the currency is considered undervalued.
It is a measure of the strength of the Chinese export machine, and perhaps of the long-term undervaluation of its currency, that Chinese exports have rebounded more than those of its Asian competitors.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com