While modest amounts of inflation are relatively harmless, uncontrolled devaluation can dramatically erode the purchasing power of consumers. If inflation reaches 5 percent annually, each individual's savings – assuming it doesn't accrue substantial …
In addition, as a result of the significant devaluation of the currencies of a number of countries running large current account deficits, the exporters in these countries are now much more competitive and better positioned to benefit from any recovery …
It ended up kicking off liberalization framework, but for me by having a devaluation of such a large magnitude, what has happened is that suddenly India has become very competitive. We were losing business or services of manufacturing to various other …
… attempt of expand the economy of Japan, Prime Minister Shinzo Abe advocated “Abenomics” – a combination of measures such as aggressive quantitative easing from the Bank of Japan, a surge in public infrastructure spending and competitive devaluation …
As I expect other major central banks to follow the Federal Reserve's lead in the game of competitive devaluation, I expect the next few months to be clear sailing for Latin American stocks. ETFs such as iShares Brazil (NYSEARCA:EWZ), iShares Mexico …
Fourth, the exit of the euro is typically presented as a strategy designed to gain market shares through a competitive devaluation. This type of approach does not break with the logic of competition of all against all and abandons a strategy of a …
The Fed's announcement could help Argentina buy time and increase competitiveness with the Brazilian market, which has seen its currency go through a strong devaluation recently. Manufacturers have recently begun to worry that a weaker real, which …
From the time that global oil prices shot up four times late 1973, as OPEC member countries took steps to check declining oil revenues in the wake of the devaluation of the US dollar by President Richard Nixon back in 1971, sirens started being heard …
Following the 2001-2 crisis, Argentina grew at 9% per year thanks to an ultra-competitive exchange rate (GDP per capita in 2002 was around U$2,500 in current dollars, comparable with a low-income country), high unemployment and unused capital in the …