BNET Business Dictionary
Business Definition for: Competitive Devaluation
- the devaluation of a currency to make a country's goods more competitive on the international markets
Additional Resources
- A Primer on Real Effective Exchange Rates: Determinants, Overvaluation, Trade Flows and Competitive Devaluation
- Several alternative measures of "effective" exchange rates are discussed in the context of their theoretical underpinnings and actual construction. Focusing on contemporary indices and recently developed econometric methods, the empirical characteristics of these differing series are examined, including the exchange rates for the U.S., the euro area and several East...
- White papers 2005-07-01
- Iceland and the Wonders of Competitive Currency Devaluation
- Edward Harrison submits: Ambrose Evans-Pritchard has a good piece on Iceland out Sunday at the Telegraph. The main point of his article is that Iceland is emerging from crisis and depression in a relatively healthy state due to a fifty percent currency devaluation. While GDP will shrink by 7%...
- External links 2009-07-26
- Madison Paper remains competitive with program of technology renewal
- As a one-machine mill that produces a specialty paper grade, Madison Paper Industries has had to focus on quality, efficiency, and productivity to remain competitive in a global market. The Madison, Maine, mill's "Simmetry" supercalendered (SC-A) paper competes not only with grades from domestic manufacturers but also with paper from...
- Research articles 1994-05-01
- Brazil : LG Electronics reduces imports.
- LG Electronics has stepped up in Brazil in 1997 with a plan to produce locally electronic components for its products, and after the devaluation of the Real the company is protected against imports, in a position to offer competitive costs for it ...
- Research articles 1999-01-27
- Brazil: Fiat's Betim plant grew competitiveness.
- Fiat's Betim-based plant (State of Minas Gerais, Brazil) became the most competitive one in the world due to the Real devaluation. The plant produced 265,000 Palio cars in 1998, while the worldwide production reached 390,000 units. At present Pal Fiat's Betim-based plant...
- Research articles 1999-04-02
- Central African states remain uncompetitive: bank governor
- BRAZZAVILLE AFP ? The competitiveness of the Central African Economic and Monetary Community CEMAC has been at a steady low since its currency was devalued in 1994, the Central African States' Bank said. "Since the devaluation of the FCFA Franc de la Communaute Financiere Africaine in January 1994 the...
- Research articles 2004-07-05
- Statement by MasTec Regarding the Current Situation in Brazil
- MIAMI--BUSINESS WIRE--Sept. 8, 1998--In the past several days, the Company has been asked for an assessment of the impact on MasTec (NYSE:MTZ) of the emerging markets situation that was triggered by the currency devaluation in Russia and has affected other markets, specifically Brazil.We feel that our competitive position in Brazil...
- Research articles 1998-09-08
- Good News for Gold May Be Bad News for the Markets
- The sharp run ups in Gold intraday (on 9/2/2009) may be indicating that the government believes that the financial system is finally strong enough to allow a run up in Gold assuming you believe that the government has been keeping it down. Central Banks have become net buyers of...
- External links 2009-09-03
- KGB TV: Michael Russell
- Mortgage Choice CEO Michael Russell tells Business Spectator's Alan Kohler and Stephen Bartholomeusz: Stephen Bartholomeusz: Michael, interest rates are finally on the rise. Has the enthusiasm with which people have approached the first home buyer's grant created a scenario where we could have a real issue in the housing market?...
- News items 2009-10-29
