The early years of the European Monetary System saw repeated devaluations as successive governments found German monetary policy unsuitable, culminating in an acrimonious and chaotic devaluation of the French franc and revaluation of the deutsche mark …

The recovery in Britain, Germany and the Scandinavian countries – where most visitors to Spain traditionally come from – has fuelled the tourism boom, which has also been helped by holidaymakers shunning traditional competitors such as Egypt because of …

If Greece had retained its national currency, the drachma, it could have opted for a currency depreciation to become internationally competitive. That would not have been a cure-all. To be effective, devaluation would still have required a tight …

In the long term, the plan proposed a reduction in the government budget deficit, increasing support for the domestic production by all available means, and the creation of the appropriate and competitive climates for investment. The government is …

"This decision underscores Baxter's commitment to ensuring its long-term strategic priorities remain aligned with shareholders' best interests, while improving our competitive position and performance, enhancing operational, commercial and scientific …

Indeed pressuring the supermarkets (and nobody else) into price controls has probably done them a favour by forcing them to be more competitive — something which might not otherwise have occurred to them amid Argentina's business culture. For almost …

Perhaps you are devalued by the colour of your skin, the country of your origin, or your perceived gender or sexuality and feel that devaluation in the form of prejudice, exploitation, intimidation or xenophobia. Usually you will feel it economically …

… that if emerging countries use the time of easy money to build a war chest of dollar reserves with which to defend their currencies during times of tighter monetary policies in the US, the move is frowned upon as this could lead to “competitive …

These risks range from competitive devaluation and exchange rate risk on Scottish exposures to fiscal contingent liabilities, depending on the monetary regime. The banking system could swell in the UK if some Scottish institutions relocate their …