In addition, in the late 1980s Irish interest rates halved – propelling the local economy – and, crucially, the fiscal contraction was preceded by a devaluation of our currency, making the exporting sector competitive. Today, interest rates can't halve …
This extraordinary swing of almost $400bn in the eurozone's current-account balance did not result from a "competitive devaluation"; the euro has remained strong. So the real reason for the eurozone's large external surplus is that internal demand has …
Deutsche Bank notes that this contract alone will mean a doubling of revenue for the division in FY14, although it will be at much lower margin than the rest of the business as Aurizon will want competitive pricing. Otherwise, this company has also …
… to overcome the obstacles faced by small planters : Reduce their loss of 20 to 30%; Keep fruit and vegetables in the best conditions ; Increase their profits and production 30 to 50% ; Being more competitive and contribute to the development of …
Investment will be mainly in non-tradable, non-competitive sectors like public infrastructure and construction, which frequently create overcapacity and earn poor returns. The OECD … Devaluation of the yen also pushes up the cost of imports. Since …
About the state-owned enterprises, he said professional managers are being appointed through a competitive and transparent process of recruitment. An independent federal commission has been formed to ensure transparent selection and full financial …
They viewed the Fed's open-ended purchases of long-term securities as an attempt to engineer a competitive devaluation of the dollar and worried that ultra-easy monetary conditions in the United States would unleash a flood of “hot money” inflows …
An internal devaluation process is underway that experts say could render the country's economy more competitive. Falling wages took time to be transmitted to lower consumer prices despite the economic slump. Greece's EU/IMF lenders have attributed the …
They viewed the Fed's open-ended purchases of long-term securities as an attempt to engineer a competitive devaluation of the dollar and worried that ultra-easy monetary conditions in the United States would unleash a flood of "hot money" inflows …