Sentences with phrase «country currency adjustments»

Not exact matches

Without anyone's realizing it, the simultaneous imposition of a single currency on a group of countries that clearly did not belong in a currency union had reduced or even eliminated the monetary adjustment mechanisms in those countries, mechanisms that would have automatically counterbalanced the resulting increase in German capital exports.

Purchasing Power Parity (PPP) is an economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency's purchasing power.

@MSalters The problem is deeper than that: Other EU countries now expect Greece to enact self - destructive reforms, which it does, only to discover that they don't work (especially in a context where currency adjustments are impossible).

Without floating currencies, adjustments are extraordinarily difficult and some countries are condemned to remain uncompetitive, with depressed growth and extremely high unemployment for a long time after a shock.

Ireland may have waved goodbye to currency flexibility, but it's one of the very few countries that still proved willing & able to take the public & private pain of radical fiscal & competitiveness adjustment, and now it's starting to pay off in spades... [Right now, Beardy Krugman must be wishing Ireland was wiped off the map!]

Economies in Emerging Markets generally are heavily dependent upon international trade and, accordingly, have been and may continue to be affected adversely by trade barriers, exchange controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade.

The economies of developing countries generally are heavily dependent upon international trade and, accordingly, have been and may continue to be adversely affected by trade barriers, exchange or currency controls, managed adjustments in relative currency values and other protectionist measures imposed or negotiated by the countries with which they trade.

In fact, the country has put into place, certain regulatory adjustments that are good for Bitcoin as well as other digital currencies.