… manoeuvre, with no direct impact for two to three years, while the cost of living and doing business increases, could cause unrecoverable economic impairments and perhaps result in drastic fiscal measure being taken, for example, the much dreaded …
Internal devaluation is therefore synonymous with decreased wages. It is used to increase competitiveness; however, it has not proven to be very effective in terms of creating economic growth because at the same time austerity policies and salary cuts …
Prime Minister Mariano Rajoy's conservative government refers to the process as an "internal devaluation" necessary to regain competitiveness. Previously, "whenever there was an imbalance it was always fixed by devaluing the peseta," said Ignacio de la …
This way, we at least know that it wasn't all for nothing." With fuel and food prices climbing again in the past month, the news is a much needed breath of fresh air for a population stifled with polluted air, medicine shortages, currency devaluation …
… in the euro area countries under stress, because this is part of the necessary relative price adjustment process that we need to see. If you follow the strategy of internal devaluation, you need to see low prices in countries that have to regain …
He raises key issues on why local firms can't buy local products, and why local manufactures are not competitive regionally, globally. He cites Delta which says local … Lastly, stick with the US dollar and seek to devalue internally! Plausible and …
Lastly, stick with the US dollar and seek to devalue internally! Plausible and loaded … And then vintage Murambiwa: “Whichever way one looks at it, Zimbabwe has very tough decisions to make if it is to become competitive once more. For now, however …
Whatever the reason for the RBI's action, the overvalued rupee made it very difficult for Indian exporters to be competitive in world markets. The fear that the Federal Reserve would … The devaluation has helped exporters tremendously. The October …
According to Clear Channel's Robert Pittman, a structure of predictable costs allows for better scaling, and the relationship will grant iHeartRadio a competitive edge in the growing online radio sector. For Warner, the smallest of the remaining three …