FINANCE and Planning Minister Dr Peter Phillips says the country stands to benefit from several opportunities, resulting from devaluation of the Jamaican dollar. Speaking at the recent monthly meeting of the Rotary Club of New Kingston at Chasers Café, …

"Serious macroeconomic imbalance will drag Venezuela into recession in the short term, and exacerbate the risk of social unrest. Its large fiscal deficit, insufficient international reserves and the pressure of significant devaluation of the local …

Inflation also erodes the value of a country's currency, which makes its exports more competitive. Of course, this assumes that the erosion in the value of one currency does not provoke counter measures from other economies, who generally respond with …

… spiral but at the same time, that simply underpins the failure of the Euro – EU nations which can't or won't undertake structural reform to compete in the modern age, must have a devaluation lever to let their prices fall to a level where they are …

As a consequence the country's hard currency reserves are run down and there comes a point where devaluation, a bailout package, or both must come. The IMF has said it is considering Ghana's request and it is probably … What's needed is a third-way …

IN an article earlier this month, we explained why further naira devaluation would constrain demand and economic growth, and also add millions more to the population of impoverished Nigerians, who are currently unemployed or live on less than $2 per …

The devaluation in Ukraine actually has helped farmers as most commodity prices are linked to the U.S. dollar or euro and some of the inputs for this year's harvest were bought pre-devaluation and increases in most input prices have lagged behind the …

The economic logic of devaluation to make Ukrainian exports more competitive in the future has been overtaken by the real-time psychological imperative of preventing currency collapse. To allow the hryvnia to succumb to market hysteria choreographed by …

Rajan warns that "we are back to the 1930s, to a world of competitive easing", which can lead to competitive devaluation. The good news is that views among key policy-makers are, in his opinion, shifting. He detects a "big change" from where we were at …