Dr. Rick C. Ernst
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Competitive Devaluation

If the cap fits, bear it
www.buenosairesherald.com

Although not widely appreciated, the devaluation has given the Argentine economy a new chance to be competitive by lowering labour costs in dollar terms — steep wage increases chasing inflation would throw that advantage away. The party is over, the …

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Stock market at a crossroads
www.cbsnews.com

The Japanese are in a bind, caught between the negative side effects of their obsession with currency devaluation (higher import prices, higher inflation, weaker trade balance) and the positives they're still waiting for (more competitive exports …

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EU Must Do More to Help Spain's Economy, PM Says
www.laht.com

The premier emphasized that Spain is becoming more competitive for the first time without resorting to devaluation and he called that a great success that shows that the process is going well. Also, he noted the importance of efforts such as wage …

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Gold Price Jumps, Breaks "Resistance" at $1361 as China Copper Bust Dents …
goldnews.bullionvault.com

Japan's aggressive QE money-printing has devalued the Yen by 25% since late 2012, aiming to end two decades of deflation and make Japanese exports more competitive. "The markets were spooked by [yesterday's China] export data," Bloomberg quotes …

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See gold range bound; buy copper on dips: Barclays
www.moneycontrol.com

Your views with the rupee move and the correlation it had with prices as well? A: The devaluation of the rupee is one piece of good news for the ferrous and non-ferrous sector that has been a long time coming because the sectors had a lot of bad news …

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Herbalife Comments On FTC Inquiry
online.wsj.com

… the competitive nature of our business; — regulatory matters governing our products, including potential governmental or regulatory actions concerning the safety or efficacy of our products and network marketing program, including the direct …

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Idaho Ag Exports
www.kmvt.com

That 30% South Korean increase is thanks to the "Korus" free trade agreement which allows for much more competitive pricing, with Idaho cheese leading the way. As for the future of Idaho ag exports… "We foresee additional growth in Idaho ag exports …

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Quaker Chemical Announces Fourth Quarter And Full Year 2013 Results
www.twst.com

However, we continue to operate in a competitive environment with some challenging economic conditions and also could incur some increases in raw material costs from current levels. On the other hand, I continue to expect market share gains from our …

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Italy's Industrial Decline Faces another Test from a Washi…
akgulian.com

That leaves so-called “internal devaluation” – pushing down wages and prices – as the best way to stay competitive. Greece, Spain and Portugal and to adopt deep wage cuts and make it easier to hire and fire to allow firms trim the price of their goods.

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