devaluations

Leaders are trying to sort through those issues to avoid a string of currency devaluations that could stunt a global recovery.

As any German would surely also remember, such devaluations meant that there was no German trade surplus before the euro.

Brussels is firmly against, fearing that it would trigger currency instability, bank failures and competitive devaluations across the EU.

The first wave [of investment] was caught up in the Asian financial crisis, the devaluations in Latin America and the rouble crisis.

Some leaders may be tempted to help their economies by competitive devaluations, export subsidies or industrial bail-outs.

Nevertheless, some experts see alarming parallels with the competitive devaluations and protectionism of the Great Depression.

Currency devaluations are the moment when protectionism gets nasty.

Indeed, as the world goes into a severe economic downturn, the threat of beggar-thy-neighbour devaluations becomes acute, as in the 1930s.

This conference, however, was unable to halt a rash of currency devaluations, tariff increases, and quota arrangements.

Executives are grateful that they no longer have to deal with competitive currency devaluations(7) in Europe.

Costs are likely to rise as currency devaluations occur in many countries as an unavoidable side effect of the crisis.

Eurozone members have thus been spared confronting a currency crisis and competitive devaluations as they resolve the banking crisis.

None of the industrial countries is keen to risk a round of competitive devaluations.

If investors expect devaluations every three months, they argue, they will buy dollars and wait for the next one.

A significant policy move will trigger immediate selling of the dollar, and could set the stage for competitive devaluations elsewhere.

Brazil's history is littered with accidents relating to weakness in the external accounts, high inflation and devaluations of the currency.

That ultimately spooked foreign investors, who fled en masse, triggering sharp currency devaluations and painful recessions.

The euro has permitted more coordinated action in Europe and has prevented competitive devaluations.

Devaluation, moreover, might lead to competitive devaluations by other countries and perhaps to a collapse of the world's monetary system.

Economic and Monetary Union (EMU) was supposed to banish the competitive devaluations that threatened the single market in the early 1990s.

This wave of unilateral, competitive devaluations creates a vicious cycle that leads to trade and exchange rate protectionism.

In time, further devaluations might be needed.

The might of German manufacturing forced frequent devaluations on others to keep their industries competitive.

the virulent high inflation rates that often triggered sharp currency devaluations have vanished.

Competitive devaluations were a double-edged sword as far as investment is concerned, Zhan said.

Yet if China devalued, a further round of competitive devaluations across Asia would redouble the turmoil.

As Mr Fujii has noted, currency interventions can quickly lead to a round of competitive devaluations.

and competitive devaluations and trade restrictions.

However, within that big lesson is a smaller one, that devaluations cause trade tensions.

Everybody can't devalue at once. And competitive devaluations won't change China's behavior.

the two nations proceeded to chase each other down with progressively more drastic devaluations.

Independent Vietnamese economists have criticised the timing of the government's devaluations and price rises.

Competitive devaluations are perhaps the most dangerous.

So would a growing number of competitive devaluations from EU member states outside the euro.

Recent devaluations of some Latin American currencies have dented their profits.

Beggar-thy-neighbor currency devaluations proved ruinous for the global economy in the 1930s.

Countries that can expand their share of global demand by competitive devaluations are seeking to do so.

In a world of competing devaluations, gold keeps driving higher.

A recent slide in the yuan has also raised fears of competitive devaluations.

In the 1930s countries opted for tariffs not just "beggar-thy-neighbour" devaluations.

The developing countries should not have to see painfully accumulated hard-currency reserves fall under the shadow of major devaluations .

This is risky if done alone as it can weaken the currency and give rise to criticism of "beggar-thy-neighbour" devaluations.

Brazilian finance minister Guido Mantega speaks out against devaluations