Dr. Rick C. Ernst
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Competitive Devaluation

New economic order can fit in real growth and smaller countries' needs
www.globaltimes.cn

Competitive devaluation eventually leads to a dead end. A more rational international political and economic order should reflect the concerns of new emerging economies by giving them a bigger say in the global decision-making process. More qualitative …

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Harvey Norman profit slumps 17.5 per cent
www.current.com.au

“The property portfolio is a critical element in the Harvey Norman integrated retail, franchising and property system and a source of competitive advantage.” Click here to sign up for our FREE daily newsletter. Global sales for the year totalled $5.57 …

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Worst is over; good monsoon may push rural demand: RC Bhargava
www.business-standard.com

Indigenisation only insulates us from devaluation and helps us show profits. But it does not help us … All state and central governments that came and went in the past 50 years are guilty of not creating a competitive manufacturing sector. It is this …

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Imports defy the dollar
www.queenslandcountrylife.com.au

A 10 per cent devaluation in the Australian dollar against the US currency in the past four months may not have as much impact on farm machinery imports as many farmers fear. Although the dollar is well down from its 2010 and 2011 highs around $US1.10, …

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Life line of the rupee: a look back, and a peek into the future of currency
www.hindustantimes.com

A devalued or depreciated currency boosts exporters' earnings in rupee terms. For every dollar, a devalued currency gives them more in rupees. This encourages them to slash prices for their goods in the world market making them more competitive than …

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Its time to go Mr Prime Minister
hillpost.in

Your reputation as an economist may still follow you to Harvard or to the LSE after your retirement, but in this country its devaluation is proportionate to the devaluation of the Indian rupee. Where did you lose the plot? … This lack of respect for …

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"Venezuela Autos Report Q4 2013" is now available at Fast Market Research
www.clickpress.com

The government's currency devaluation in February will pose a considerable upside risk to inflation, hike interest rates for vehicle loans, and make vehicle imports more expensive, thus eroding consumers' purchasing power and affecting sales volumes …

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Business news and markets: as it happened – August 30, 2013
www.telegraph.co.uk

12.30 While India's prime minister has indicated that he's comfortable with letting the rupee devalue, a spokesman at the country's finance ministry has revealed to Reuters that it is in touch with a number of other emerging economies, including Brazil …

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Seeing through the charade of forward guidance
gulfnews.com

Emerging economies were growing at impressive rates and companies from all over the world were going to invest in them because of their competitive interest rates — all thanks to the special US stimulus plan. And then a rumour was spread. The Fed was …

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