“The European market only opened one month ago and we have had a devaluation in our currency of 40%, which is a big competitive advantage for producers. “Real people must understand that they have to work – this is the main issue. If they work, people …

Other emerging market currencies also fell in the first quarter, most notably the Venezuelan bolivar, which underwent a massive "stealth" devaluation when the embattled government introduced a secondary currency exchange market known as SICAD II; the …

A 30% currency devaluation for these assets, they might go for losses of 5% German GDP. (click to enlarge) … Given the massive Chinese economic development that intensified after 1998, only Germans kept their labor competitive. Some reasons were …

MELI could be forced to lower fees to sellers and boost spending on items like customer support, advertising, and product development in order to stay competitive. Long-term, it is hard to argue for MELI having an ROIC much higher than EBAY's. Figure 2 …

… for the effect of the single currency is to give the Continent's most competitive regions an unduly low exchange rate, together with a comparatively conducive monetary policy, while depriving its least competitive areas of the degree of external …

Boston, MA — (SBWIRE) — 06/06/2014 — In 2013, other hot drinks began its recovery after the crisis and national currency devaluation of 2011 and 2012. Total volume sales of other hot drinks increased by 2%, whilst in the two … Find hidden …

Although non-euro trade is not large, the likes of Spain and Italy and Greece desperately need to regain some competitiveness against international competition. Otherwise the only method to improve competitiveness is via internal devaluation — a slow …

Enlargement to 28 members, the single market legislation, open trade, liberal economics and the enforcement of tough competition rules are all hard-wired into the system, not least thanks to Britain's (now sadly diminishing) influence. If purblind …

However, as Jurgen Stark so aptly puts it, disinflation is part of the adjustment process that the periphery states has to go through to regain their competitive strength against Germany. Without this disinflation (or even better … The issue is there …