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Exchange Rates
C/E/710. Competitive devaluation and currency wars in China, Japan, Brazil, USA and India
- WORDS:
- 6850
- DATE:
- 2011
- PRICE:
- 69.99 GBP
The paper examines the impact of competitive devaluation on the currencies of China, Japan, Brazil, USA and India. The movements of respective currency rates over 2009-2010 are analyzed, exchange rate policies of each country are discussed arguing whether competitive devaluation is appropriate in a floating exchange rate system.
KEYWORDS: Competitive devaluation, China, Japan, Brazil, USA, India, exchange rate, currency,
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