Meanwhile, the devaluation made Argentine goods more competitive abroad, boosting exports. Before the rate increases, the bank had been bleeding foreign-currency reserves as Argentines rushed to buy dollars—largely because of fear that inflation would …

The basis for this conclusion stems from our world of competitive devaluation. Just as "amateurs talk tactics but pros talk logistics" in the military equation, we live in a world where amateur commentators still regard a strong currency as a sign of …

Analysts expect Venezuela's currency devaluation will tamp down MercadoLibre's growth and profit margins later this year. So far, U.S. e-commerce giants have only dipped their toes in the waters of Latin America, but competition in the sector is …

The fact that the rise in imports was larger than that of exports could likely be due the Italian loss of competitiveness, see Manasse (2013) in a context where high unit costs of Italian firms could no longer be offset by competitive devaluations …

The second effect is more subtle, and it really has to do with a string of competitive devaluations. When domestic economies are weak, the urge is to increase exports. You don't have domestic demand, so let's let foreigners fill the gap by demanding …

If Spain were credibly (this means with full German support) to commit to returning to the euro within, say, five years, at a predetermined level – for example one implying a 20% depreciation over five years – Spain might be able to get most of the …

interview. 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 …

Rita Humphries-Lewin, chairman of Barita, in discussions with Karl Lewis, managing director of Barita Unit Trusts Management Company, at the Barita breakfast launch of Income Portfolio and FX Bond Portfolio at Terra Nova All Suite Hotel last Thursday.

… since member-states of the European Union cannot use traditional methods of restoring competitiveness such as currency devaluation, they have to lower both real and nominal wages and change their institutional framework, in order to be competitive …