HKS Authors

See citation below for complete author information.

Ford Foundation Professor of International Political Economy

Abstract

China’s undervalued currency and huge trade surplus pose great risks to the world economy. They threaten a major protectionist backlash in the United States and Europe; and they undermine the recovery in developing and emerging markets. Left unchecked, they will generate growing acrimony between China and other countries. But the solution is not nearly as simple as some pundits make it out to be.

Citation

Rodrik, Dani. "Making Room for China." Business Standard (India), December 15, 2009.