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Competitive devaluations in currency wars: financial projections of neo-protectionism

Journal: The Journal of International Economic Policy (Vol.2, No. 19)

Publication Date:

Authors : ; ;

Page : 47-62

Keywords : Competitive devaluations; fundamental imbalance; financial protectionism; currency war; exchange rate; quantitative easing.;

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Abstract

The article examines the nature of a currency war as signs of neoprotectionism in terms of global challenges the global monetary system which came in yet another transformation period has faced. We analyze a mechanism of performance of competitive devaluations as a tool for improving the competitiveness of national economies. It is given the author's interpretation of the financial instruments of neo-protectionism thorough a thorough study of the latter.

Last modified: 2014-11-20 23:11:18