The South Asian Bureau of Economic Research (SABER) builds on the success of the East Asian Bureau of Economic Research (EABER) in creating a forum for high-quality economic research focusing on issues facing the economies of South Asia and economic interaction between South and East Asia. It comprises representatives from Bangladesh, India, Nepal, Pakistan, Sri Lanka and Australia. The rapid development of the South Asian economies, the growth of regional and intra-regional trade, financial and other economic interaction, and South Asia's increasing role in the global economy all underline the need for access to a vastly increased range of quality economic analysis on South Asia. SABER, like EABER, is a portal for research on South Asian Economics and houses a collection of research papers from all its member institutes available in the categories at the top of this page. For more information on SABER funding, support and purpose, see 'About SABER'
The EABER-SABER Newsletter
January 2010
Fixing China's Current Account Surplus
China's current account surplus has been the subject of fierce debate in recent times, with politicians in the United States and Western Europe often criticising China's rigid exchange rate regime. The argument runs that, by artificially depressing the value of the renminbi (RMB), China took jobs away from its trading partners.
Rapid growth in China's current account surplus is, in fact, a relatively recent phenomenon. During the second half of the 1980s, China maintained persistent trade and current account deficits . The sharpest rise in current account surplus occurred after 2004. Within three years, the surpluses jumped from 3.5 per cent of GDP in 2004 to 10.8 per cent in 2007. In 2008, external demand was severely cut by the global crisis. But China's current account surplus still... (Read more)
*Yiping Huang, Professor in the Chinese Center for Economic Research at Peking University and in the China Economy Program at the Australian National University.
SABER Paper of the Month
News
Conference:
Asian Economic Integration: Policy, Institutions and Structural Reform
11-12 February, 2010, Canberra
Click here for the Conference Programme
Click here for the Participant Profiles
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New Publication: Institutions for Economic Reform in Asia by Philippa Dee (Ed.)
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Recent Papers
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The unemployment challenge: Labour market policies for the recession | 08-02-2010 02:03 |
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Using Panel Data to Exactly Estimate Income Under-Reporting by the Self Employed | 08-02-2010 00:36 |
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Sub-Prime Financial Crisis and US Policy Choices | 08-02-2010 00:27 |
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Eurasian Economic Community (EurAsEC): Legal Aspects of Regional Trade Integration | 08-02-2010 00:01 |
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The Impact of Foreign Direct Investment on Economic Growth: A Case Study of Ireland | 05-02-2010 01:14 |
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Empirical Analyses of U.S. Congressional Voting on Recent FTA Bills | 05-02-2010 00:51 |
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Firm Heterogeneity in the Choice of Offshoring: Evidence from Korean Manufacturing Firms | 05-02-2010 00:37 |
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Management Practices and Firm Performance in Japanese and Korean Firms | 05-02-2010 00:22 |
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The European Union’s Proposed Carbon Equalization System: Can it be WTO Compatible? | 05-02-2010 00:07 |
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Regional Cooperation for Regional Infrastructure Development: Challenges and Policy Options for South Asia | 04-02-2010 23:52 |