| Author (Person) | Tilford, Simon |
|---|---|
| Publisher | Centre for European Reform (CER) |
| Series Title | Insight |
| Series Details | March 2014 |
| Publication Date | 10/03/2014 |
| Content Type | Journal | Series | Blog |
|
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. |
|
| Source Link | http://www.cer.org.uk/insights/eurozones-ruinous-embrace-competitive-devaluation |
| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
