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Competitive Devaluation

3 Arrows of Abenomics show early signs of breaking deflationary cycle
uk.reuters.com

RAM Ratings opines that this unprecedented policy is not aimed at triggering a competitive devaluation of the yen, but is rather an attempt to induce inflation. In this respect, we recognise the stronger commitment and better coordination between the …

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PUBLIC AFFAIRS – Production or poverty?
jamaica-gleaner.com

Without bringing the price of the Jamaican dollar into alignment with its real competitive value, none of this will be possible. This is called devaluation: a word for which today's politicians have a mortal fear. Devaluation, however, is a necessary …

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Handicrafts gain as Indian rupee dives but export of electronics takes hit
www.indianexpress.com

For instance, exporters of electronics products are taking a hit because of the rupee's depreciation, as 70-80% of electronics are imported in the country and then re-exported after value addition. Moreover, experts say that the advantage of currency …

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Deflation flu could leave Asia feeling very sick
www.breakingviews.com

That would give exporters more local-currency earnings with which to repay debt. But competitive devaluation can't work for everyone. Having spent the last four years battling inflationary capital inflows from the West, Asia's monetary doctors must now …

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Exporters rejoice currency depreciation
www.business-standard.com

The strengthening of US dollars has resulted in currency devaluation in various other countries like Brazil, Turkey and Japan, and it is this competitive positions the country has to look at to determine whether the currency devaluation has benefited …

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How Germany Won the Euro Crisis
www.foreignaffairs.com

This form of internal devaluation — an equivalent to currency devaluation based on depressing wages — has fueled an export boom and made the German economy more competitive than other eurozone countries. A relatively weak euro compared to what it …

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Brazil Area's Sugar Millers Turn More Cane Into Ethanol
www.agweb.com

"Apart from turning Brazilian ethanol more competitive in external markets, the devaluation of the real can put more pressure on the government to allow a new increase in gasoline prices." The real fell 5.8 percent against the dollar over the past …

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'Abenomics' spiel guardedly praised
www.japantimes.co.jp

… the monetary easing steps implemented by the Bank of Japan and the U.S. Federal Reserve, asking what the “exit strategies” of Tokyo and Washington are and pointing to the danger of the competitive currency devaluation they could set off, the …

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Paying the price for having it so good
www.smh.com.au

We can't continue to make cars in Australia if we're not competitive and can't reduce those costs. The unions and the South Australian Premier don't agree. The secretary of the Australian Council of Trade Unions, … This can bring order to the process …

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