{"id":655775,"date":"2010-02-05T10:41:02","date_gmt":"2010-02-05T15:41:02","guid":{"rendered":""},"modified":"2026-10-04T10:18:53","modified_gmt":"2026-10-04T14:18:53","slug":"is-it-possible-to-double-exports-in-five-years","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/655775","title":{"rendered":"Is it possible to double exports in five years?"},"content":{"rendered":"<p>YES:<\/p>\n<table border=\"0\">\n<tbody>\n<tr>\n<td><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"mceItem\" src=\"https:\/\/i0.wp.com\/www.economist.com\/sites\/default\/files\/images\/blogs\/2010w05\/exports.gif?resize=428%2C331\" alt=\"\" height=\"331\" width=\"428\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>That chart is <a href=\"http:\/\/www.econbrowser.com\/archives\/2010\/02\/doubling_export.html\">provided<\/a> by Econbrowser&#8217;s Menzie Chinn, who writes:<\/p>\n<blockquote>\n<p>Notice that nominal exports certainly doubled in the mid-1970s and early 1980&#8217;s. Nominal exports also almost doubled by 1990 and 2008, approximately 5 to 6 years after peaks in the trade-weighted exchange rate.<\/p>\n<\/blockquote>\n<p>He adds:<\/p>\n<blockquote>\n<p>Hence, continued dollar depreciation would have a substantial direct impact on export quantity. But rapid rest-of-world growth could be even more important, given the high income elasticity.<\/p>\n<\/blockquote>\n<p>Renminbi appreciation certainly wouldn&#8217;t hurt American exports, and it would unambiguously improve America&#8217;s trade balance <em>with China<\/em>. But China&#8217;s dollar peg needn&#8217;t stand in the way of a general increase in American exports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>YES: That chart is provided by Econbrowser&#8217;s Menzie Chinn, who writes: Notice that nominal exports certainly doubled in the mid-1970s and early 1980&#8217;s. Nominal exports also almost doubled by 1990 and 2008, approximately 5 to 6 years after peaks in the trade-weighted exchange rate. He adds: Hence, continued dollar depreciation would have a substantial direct [&hellip;]<\/p>\n","protected":false},"author":2918,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-655775","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2KB1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/655775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/2918"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=655775"}],"version-history":[{"count":1,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/655775\/revisions"}],"predecessor-version":[{"id":757387,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/655775\/revisions\/757387"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=655775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=655775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=655775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}