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China's assistance could do more harm than good in the eurozone. CEPS Commentary, 3 November 2011

Gros, Daniel. (2011) China's assistance could do more harm than good in the eurozone. CEPS Commentary, 3 November 2011. [Policy Paper]

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    Abstract

    Contrary to the high hopes being attached to the proffer of Chinese assistance at the G20 in Cannes this week, CEPS Director Daniel Gros warns in this Commentary that a large inflow of funds from China and other 'investors' could in fact do more harm than good. In his view, the incoming capital would strengthen the euro and thus make a recovery in the periphery even more difficult.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Other international institutions > G7/G8/G20
    EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    Countries > China
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 15 Nov 2011 10:39
    Number of Pages: 1
    Last Modified: 15 Nov 2011 10:39
    URI: http://aei.pitt.edu/id/eprint/32961

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