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Jonathan Anderson of UBS suggests that the undervaluation is about 20 per cent.

瑞银集团(UBS)的乔纳森•安德森(JonathanAnderson)认,人民币低估幅20%。

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In the long term, however, the yen's huge undervaluation means that it will eventually bounce back.

期的角来看,对日元的严重低估意味着它将逐渐反弹回升。

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Empirical studies suggest that undervaluation boosts growth, and more so in poor countries than in rich ones.

经验研究表明,低估促了经增长,这一点贫困国富国更明显。

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