That leaves so-called “internal devaluation” — pushing down wages and prices — as the best way to stay competitive. Spain, Greece and Portugal have pushed through deep wage cuts and made it easier to hire and fire, allowing firms to trim the price of …

The premier emphasised 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 …

That leaves so-called "internal devaluation" – pushing down wages and prices – as the best way to stay competitive. Spain, Greece and Portugal have pushed through deep wage cuts and made it easier to hire and fire, allowing firms to trim the price of …

Falling prices are anyway part of the crisis-country adjustment process—the so-called internal devaluation—and can help the economy by boosting spending power. It would make no sense for the ECB to lean against this sort of disinflation. Of course …

Evidence clearly suggests the London property market is attracting safe haven funds from global investors seeking reprieve from a post financial-crisis world where the competitive devaluation of currencies, prolonged low interest rates, unorthodox …

The real problem, it seems, is that democracy is supposed to entail competitive elitism and an exchange of office between bourgeois political parties (such as the Republicans and Democrats); it is not supposed to create room for alternative projects …

With lower growth ahead, competitive devaluation is becoming an attractive alternative to cutting public spending. Depreciating the exchange rate is an easy way to spur exports, limit imports, attract investment and tourism, and create jobs. Over the …

On the other hand, however, Turkish exporters will benefit from currency devaluation, becoming more competitive on the global market. – Currency risk: From 2005 to 2012 the company managed to grow EPS in local currency by 6.3% per year, but in US$ …

However, there's also an altogether different explanation involving the yuan devaluation, having nothing to do with Chinese authorities. The theory is that the yuan carry trade is unraveling of its own accord. … US deficits have continued to sharply …