Informatie over | Engels woord DEVALUATIONS

Voorbeelden van het gebruik van DEVALUATIONS in een zin

• Iceland was forced to devalue the Icelandic krona in 1922, by 23% against the Danish krone, which saw the beginning of an independent monetary policy in Iceland, and was to be the first of many subsequent devaluations of the krona.
• As prime minister, Amato responded effectively to two devaluations of the lira in the wake of currency speculation that led Italy to be expelled from the European Monetary System by cutting the budget deficit drastically, thus taking the first steps in the road that would bring Italy to adopt the Euro.
• The system entailed gradual devaluations of the currency, changing expectations that the currency will devalue and interest rates would be sufficiently high to compensate bondholders.
• For example, the Dutch guilder remained quite stable with respect to the Mark, the Italian lira exhibited a sharp downward trend throughout the life of the EMS, and the French franc, the Belgian franc, the Danish krone and the Irish pound all escaped trends of successive devaluations to emerge more stable.
• In the early 1980s, Suharto responded to the fall in oil exports due to the 1980s oil glut by successfully shifting the main pillar of the economy into export-oriented labour-intensive manufacturing, made globally competitive by Indonesia's low wages and a series of currency devaluations.
• The government's irresponsible economic policies, driven by the Social Democratic governments, in tandem with the metalworkers union, alongside the devaluations of the Swedish Krona that made imports expensive, unreasonable wage increases eaten up by progressive taxes and an inconsistent currency regulation, which made it impossible to match the Krona with the credit commitments in US dollar, brought the shipbuilding industry to an end.
• He contributed to the transition process of the Czechoslovak koruna to a currency with internal and later external convertibility (3 devaluations of koruna at the beginning of the 1990s), as well as during the separation of currencies after the break-up of the federation and the subsequent creation of Slovak koruna.
• In February 2013, Gavyn Davies for The Financial Times emphasized that a key difference between the 1930s and the 21st-century outbreaks is that the former had some retaliations between countries being carried out not by devaluations but by increases in import tariffs, which tend to be much more disruptive to international trade.

Paginavoorbereiding duurde: 149,92 ms.