Devaluing to prosperity : misaligned currencies and their growth consequence

Devaluing to prosperity : misaligned currencies and their growth consequence /

Experts have long questioned the effect of currency undervaluation on overall GDP growth. They have viewed the underlying basis for this policy--intervention in currency markets to keep the price of the home currency cheap--as doomed to failure on both theoretical and empirical grounds. Moreover, th...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Bhalla, Surjit S.
Format: Electronic eBook
Language:English
Published: Washington, DC : Peterson Institute for International Economics, 2012
Subjects:
Devaluation of currency.
Economic development > Developing countries.
International trade.
Foreign exchange rates.
Monetary policy.
Developing countries > Commerce.
Local Note:ProQuest Ebook Central

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Full text (MCPHS users only)

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