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Competitive Devaluation

Devaluation smooths Kazakh trade figures – for now
blogs.ft.com

“We believe that the improvement of the current account is temporary: the effect of [the] Tenge devaluation will begin to subside in the 2H 2014, as is usually the case in competitive devaluations. The production capacity is unlikely to expand, given …

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"Argentina needs to export citrus to Brazil and the US"
www.freshplaza.com

The CECNEA considers that the opening of more competitive markets "in terms of cost – benefit – price, a policy to encourage formal activity and the access to strong international credits," are some of the relevant actions that need to be taken so that …

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Understanding Turkey: A Maturing Economy, Despite Declining Growth
www.economonitor.com

According to CBY research[2], between 2002 and 2008 a USD/TRY depreciation of 10 percent added roughly 2.3 percent to headline inflation within one year; between 2008 and 20011 the same depreciation added roughly 1 percent to headline inflation (Figure …

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RPT-Fitch Affirms UkrLandFarming at 'CCC'
in.reuters.com

They also reflect the company's exposure to upcoming refinancing risks and expected negative impact from hryvna devaluation on the company's operating performance, mainly its controlled subsidiary Avangardco (local currency IDR 'B-'/Negative). KEY …

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Devaluation helps Kazakh trade figures – for now
blogs.ft.com

“We believe that the improvement of the current account is temporary: the effect of [the] Tenge devaluation will begin to subside in the 2H 2014, as is usually the case in competitive devaluations. The production capacity is unlikely to expand, given …

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Fitch Affirms Australia's Coca-Cola Amatil at 'BBB+'/Stable
af.reuters.com

However the Indonesian business is facing higher costs due to devaluation of the rupiah and higher wage and fuel expenses. Combined with intensifying competition and a swing to lower margin products, profits for the Indonesia and Papua New Guinea …

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What was decided at the Bretton Woods summit
www.economist.com

Henry Morgenthau, America's Treasury secretary, declared that the conference should “do away with the economic evils—the competitive devaluation and destructive impediments to trade—which preceded the present war.” But the conference had to bridge a …

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The ship of Ukrainian economy is sinking
english.pravda.ru

… refined petroleum products (63.9 percent), manufacture of rubber and plastic products (61.4 percent). "According to our estimates, this was largely due to balance effects associated with the devaluation of the hryvnia in early 2014," the analysis …

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Tufton: Jamaicans not so excited about the IMF
www.jamaicaobserver.com

The IMF agreement, Tufton argued, presupposes that the benefits of the sacrifices made from areas like wage freeze and devaluation must include a more efficient and competitive public service, conducive to economic growth and development.

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