Strong Dollar, Weak Policy. / C. Fred Bergsten.
by Bergsten, C. Fred; SIRS Publishing, Inc.
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High School - old - to delete | REF SIRS (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: Strong Dollar, Weak Policy, July/Aug. 2001; pp. 8+.
"Lawrence B. Lindsey, President George W. Bush's chief economic advisor, affirmed and articulated in the March/April 2001 issue of THE INTERNATIONAL ECONOMY the new administration's endorsement of the 'strong dollar' policy maintained by the Clinton administration since 1995. Secretary of the Treasury Paul O'Neill has reiterated the same position since experimenting briefly with an alternative formulation in February [2001]. Their doing so raises two fundamental questions: the substantive issue of whether a strong dollar promotes the national interests of the United States at this point in time [July/Aug. 2001] and the meaning of the term 'strong dollar.'" (INTERNATIONAL ECONOMY) The author, C. Fred Bergsten, Director of the Institute for International Economics, provides his opinion of the "strong dollar" and included in the article is a rebuttal by Lawrence B. Lindsey.
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