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Joseph E. Gagnon and William R. Cline says that judging by the past several years, the dangers of currency manipulation are not widespread at the moment.
RELATED PUBLICATIONS
Policy Brief 12-25: Currency Manipulation, the US Economy, and the Global Economic Order [pdf] December 2012
Policy Brief 12-23: Updated Estimates of Fundamental Equilibrium Exchange Rates [pdf] November 2012
RELATED INTERVIEWS
Is the World on a Binge of Devaluation? Part I February 7, 2013
Looking Back with Morris Goldstein: Part I November 16, 2012
China and the Presidential Debate: Clarifying the Record October 17, 2012
Iran's Bizarre Dilemma: Hyperinflation and a Currency Shortage October 17, 2012
Will Quantitative Easing (QE3) Do the Trick? Part II September 17, 2012
Will Quantitative Easing (QE3) Do the Trick? Part I September 14, 2012
Global Conflict over Exchange Rates, Part III August 21, 2012
Global Conflict over Exchange Rates, Part II August 20, 2012
Global Conflict over Exchange Rates, Part I August 17, 2012
Currency Manipulation: It's Not Just China July 17, 2012