China's Mundell-Fleming Trilemma. Jan. 31, 2017 11:21 PM ET iShares China Large-Cap ETF (FXI), ... The thesis was based on an economic law derived from the Mundell-Fleming model.

But striking the right balance between loosening its grip on the exchange rate and maintaining monetary stability will not be easy. All economics students learn the Mundell-Fleming model, according to ...

James M. Boughton On the Origins of the Fleming-Mundell Model, (USA: International Monetary Fund, 2002) accessed July 20, 2025 Disclaimer: This Working Paper should not be reported as representing the ...

In the Mundell-Fleming framework, standard monetary policy and exchange rate flexibility fully insulate economies from shocks. However, that framework abstracts from many real world imperfections, and ...

This is the Mundell-Fleming lecture given at the IMF on November 13, 2014. This lecture argues that the Global Financial Cycle is a challenge for the validity of the Mundellian trilemma. The paper ...

That was China’s trilemma. If the exchange rate is fixed but the country is open to cross-border capital flows, it cannot have an independent monetary policy. That was Britain’s trilemma.