The eurozone’s ruinous embrace of ‘competitive devaluation’

Awdur (Person)
Cyhoeddwr
Teitl y Gyfres
Manylion y Gyfres March 2014
Dyddiad Cyhoeddi 10/03/2014
Math o Gynnwys

The euro was supposed to put an end to competitive currency devaluations, and with it ‘unfair competition’. But this has not been the case. Instead of being criticised for pursuing competitive devaluations, eurozone countries that manage to devalue their real exchange rates are extolled as an example for others.

Dolen Ffynhonnell Link to Main Source http://www.cer.org.uk/insights/eurozones-ruinous-embrace-competitive-devaluation
Categorïau Pwnc
Gwledydd / Rhanbarthau