Demanding Devaluation : Exchange Rate Politics in the Developing World /

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Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and undervalued exchange rates, a policy that promotes export-led development but often heightens tensio...

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Detalles Bibliográficos
Autor principal: Steinberg, David, 1980- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Cornell University Press, 2015.
Colección:Book collections on Project MUSE.
Temas:
Finanzwirtschaft
Interessengemeinschaft
Wachstumspolitik
Währungspolitik
POLITICAL SCIENCE > Public Policy > Economic Policy.
BUSINESS & ECONOMICS > Finance.
Taux de change > Aspect politique > Chine.
Foreign exchange rates > Political aspects > Developing countries.
Foreign exchange rates > Political aspects > China.
Entwicklungsländer
China
Developing countries.
China.
Electronic books.
Acceso en línea:Texto completo
Descripción
Sumario:Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and undervalued exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries overvalue their exchange rates, which increases consumers' purchasing power but often reduces economic growth. This book argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate.
Descripción Física:1 online resource (288 pages).
ISBN:9780801454257

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