The result in Spain has been lower production costs that have made Spanish exports more competitive in recent years. To the … The Spanish policy of reducing costs and prices of exports by reducing wages is sometimes referred to as 'internal devaluation'.

A corresponding reduction in input prices helps cut manufacturing costs and makes Japanese exports even more competitive, an advantage that has been facilitated by the devaluation of the yen against the dollar (and the currencies of most of its major …

… European Union's founding document) outlined stringent 'convergence criteria' for aspiring Eurozone members- namely, the criteria called for prospective members to slash fiscal deficits and refrain from currency devaluation prior to final …

In 1991, the crumbling Soviet government devalued the rouble to a tenth of the US dollar and in an instant, Levchin says, “instead of having $US7000 to start a new life, $US700 was the grand total we landed here with. In my one brief lesson with …

"Rather, reviving growth in Asia, whether in China, Japan, India or anywhere in between, requires deep structural reforms: pruning subsidies, spending more on quality infrastructure, boosting education, opening further to foreign direct investment, and …

Is the euro to be a strong currency sustained by fiscal discipline, competitive economies and national responsibility? Or a weak currency forced to rely on deficit-spending, devaluation, inflation and ultimately the mutualization of debts to extricate …

A board showing Britsh regiments ties is photographied during the exhibition "The Tie. men fashion power" on October 8, 2014 at the Swiss National Museum in Zurich. From a symbol of power to a fashion statement, ties in all their guises are on show at …

Denis Krivosheev, a financial journalist who was among the organisers of the October 6 press conference, said Kazakstan was now in direct competition with Russia, as both countries relied on exports from their extractive industries. “The existence of a …

To achieve meaningful economic growth in the life of the programme, with the timing of the so-called mega projects at best uncertain, the only industry able to respond to the IMF devaluation medicine was tourism. Indeed, the IMF appeared to recognise …