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Devaluing to Prosperity: Misaligned Currencies and Their Growth Consequences
by
Surjit Bhalla (Goodreads Author)
Experts have long questioned the effect of currency undervaluation on overall GDP growth. They have viewed the underlying basis for this policy—intervention in currency markets to keep the price of the home currency cheap—as doomed to failure on both theoretical and empirical grounds. Moreover, the view has been that overvalued currencies hurt economic growth but undervalu...more
Paperback, 305 pages
Published
August 29th 2012
by Peterson Institute
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Yay! I just received this book in the mail today from my GoodReads giveaway win! First impression, there are lots of charts... more to come...
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