The disciplining economic feedback mechanism of currency devaluation and capital flight was suspended by decree during the Asian crisis. |
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Meanwhile rumours of an imminent devaluation of the bolivar has contributed to further inflation. |
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Here we may be sneering at the devaluation of the single currency, but in Germany they're laughing all the way to the export markets. |
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The city has today become symbolic of the systematic and sustained devaluation of the dignity of women. |
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The family meal has undergone a steady devaluation from its one time role at the center of human life. |
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In the most recent of these, Maybury argued that these trends reflect a continuing devaluation of women's accomplishments. |
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Yet the inflation of psychiatric diagnosis has resulted in its devaluation. |
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This fundamental view can help to understand the process of valuation or devaluation in architecture. |
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Also, if devaluation acts as a stimulus for growth in America this could have a positive knock-on effect in the rest of the world. |
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Those who are losers suffer social devaluation, which can lead quickly into alienation and loneliness. |
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Some women use drugs as a means of self-medication to cope with their own devaluation and low self-esteem. |
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The government hopes the devaluation will boost exports and increase investment in the ailing economy. |
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We believe that if this mast is erected it will lead to a devaluation of land and property in the area. |
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A devaluation of the yen seems inevitable, with knock-on effects on all its trading partners. |
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The processes and degrees of devaluation, distortion and stigmatisation are different for each group. |
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Buyers do not run the risk of a later devaluation by more copies being printed. |
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It was not, however, recognized by many country gentlemen, who bitterly resented this devaluation of their treasured status. |
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Indeed, it seems that many countries cannot end the spiral of debt and devaluation. |
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Another macro-level event that affects companies and investors is the flight of capital and devaluation of exchange rates. |
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It is completely impossible to decrease the amount of dollars by a factor of 25, except through massive devaluation. |
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In both cases, the real wage will not decline and a devaluation of the nominal exchange rate will not be effective. |
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Thus by mid-1999 much of the positive effect of the devaluation on the real incomes of rural producers had been dissipated. |
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A third method was dollar devaluation, to cheapen the selling price of American goods abroad. |
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But the repudiation of a dollar devaluation policy was subsequently pushed to an opposite extreme, thereby fostering a new set of disequilibria. |
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So that part of what occurred, namely the devaluation of those shares and their subsequent disposal, could operate as a scheme. |
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In the north west currency devaluation has led to a huge jump in the price of imported rice. |
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There has been some modest economic growth, the devaluation making Argentina's exports more competitive. |
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Runaway inflation is already baked in the cake, and protecting your assets from devaluation should be your number one priority. |
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The tiny South American republic has been hit hard by the devaluation of the peso. |
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We've had something similar because of devaluation but the banksters have been protected. |
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Under a fixed exchange rate system, devaluation and revaluation are official changes in the value of a country's currency relative to other currencies. |
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But a high proportion of their total debt is denominated in local currency and immune to devaluation risk. |
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Our projections for the remainder of 2005 assume that the total devaluation will be 20 per cent. |
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Such factors could affect the value of a fund investment or lead to a devaluation in the currency in which it is denominated. |
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Sadly for Greece, it would need to blaze a trail to repair its finances while also dodging default and devaluation. |
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Modest initial growth was seriously undermined in 1994 by the 50 percent devaluation of the CFA franc, while privatization led to the retrenchment of 10,000 public workers. |
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Here the response to currency devaluation and capital flight would be to impose further cuts on social policies and further constraints on the poor. |
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Some individuals associate genetic research with fears about manipulation of the genome and devaluation of the natural life of human beings. |
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On the whole, the casuistic regulation of church discipline led to its externalization and devaluation. |
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It does no good to goose your manufacturing exports with a devaluation if your manufacturers can't buy raw materials. |
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Exporters would presumably like that, since it will lead to a devaluation of the shekel. |
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Inflation in the high-growth economies will change the relative real wages between the counties the same way a devaluation can. |
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A devaluation of those bonds, while the US debt load is rising, would not help anyone. |
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Viviana has been shocked by her country's bankruptcy, devaluation, rocketing inflation and unemployment, all combined with a bout of rioting, looting and street violence. |
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Moreover, most private borrowing is in euros, so devaluation would mean beggary for many. |
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Our results only scratch the surface, as we have not included losses or asset devaluation in feed, veterinary, or animal breeding. |
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Fluctuations in electricity consumption are a result of decreases in households' incomes that occurred after devaluation of the local currency. |
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This system had been destabilized by the devaluation, but also by restocking in PPM stores. |
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Once you devalue the market loses confidence in the currency and starts looking for the next devaluation. |
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Not long ago, there was still speculation about the date of the next currency devaluation. |
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In the years leading up to the currency's birth, investors came to realise that the risk of devaluation was evaporating. |
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Besides protecting against inflation and devaluation, there are compelling reasons for a country to decide to give up so much control over its economy. |
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Mr Ashdown last night said resigning was 'a bit like announcing the devaluation of sterling,' in that it had to be denied until the last minute. |
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This internal devaluation has restored competitiveness back close to the start of the euro levels. |
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Whether food banks or shoplifting or the devaluation of wages for British workers, the effect has been the same. |
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No doubt the devaluation of the Pound also led to a boost in the value of the EUR by the sheer weight of regional competition. |
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Depreciation of the dollar would lead to devaluation of their own official reserves. |
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The best course would be to introduce a carefully calculated devaluation of Manat, possibly in two phases. |
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Unexpected turns in suburban desperation, deception and devaluation. |
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To guard against devaluation, the currency was convertible with silver and gold, and the government accepted tax payments in paper currency. |
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Such a devaluation would give troubled economies, especially those of Greece, Italy and Spain, the financial flexibility they need to stabilize themselves. |
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It provides further information on the recent period marked by the devaluation of the CFA franc in some countries of francophone Africa, and gives the general outlook for these countries. |
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Devaluations are made in the event of a long-term loss of value or devaluation justified by the condition, profitability, or prospects of the company. |
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In some developing countries, significant devaluation relative to the Canadian and United States dollars have occurred in the past and may occur again in the future. |
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Only after the devaluation of the CFA franc in 1994-95, major resource donations by countries like Canada, and painful restructuring, has it been possible to achieve a small measure of economic growth and stability. |
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Although SE Asia is starting to climb out of the trough, the devaluation of the Brazilian Real in January of this year underlined the fragility of the emerging markets and tipped Latin-America into recession. |
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A sharp devaluation of the real in 1999 gave another push. This coincided with an epic migration that began in the late 1970s from the south, the traditional breadbasket, to the savannahs of the centre-west. |
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American Airlines recently stopped selling tickets in Argentine pesos more than 90 days ahead of a flight to limit its exposure to inflation or a potential devaluation. |
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Its devaluation blew a hole in the global monetary system, causing America to raise interest rates in the midst of a slump and forcing others to scrabble for bullion to replace their sterling reserves. |
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However, in other countries there had been a devaluation of the national currency, such as Ethiopia, Honduras, Indonesia, Mexico and Vietnam, and this had benefitted exports. |
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The foreign debts of many economies in the subregion rose sharply due to currency devaluation, leading to a credit crunch and increased bankruptcies. |
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In the Western Hemisphere, export volumes in Brazil and Argentina grew robustly owing to the continued influence of earlier currency devaluation and strong world demand for metals and minerals. |
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One major step that analysts have seen as a rather panicky reaction to the meltdown was the devaluation of the country's currency, the naira, by the Central Bank of nigeria. |
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It was a reasonable question, to which, humiliatingly, I had no good answer, beyond a mumble that the devaluation had moved us up into a more optimistic zone of our GNP range. |
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We would be back in this torturous situation of competitive devaluation that would have brought our real economy to its knees in the face of international financial speculation. |
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If Greece was not a member of the euro, but rather a struggling country in sub-Saharan Africa, the IMF remedy would be devaluation, debt relief and a welfare safety net to protect the most vulnerable. |
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The inflationary impact of the devaluation was compensated to some extent by the decline in the price of seasonal food and the international price of oil. |
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In addition, in order to limit the problem of devaluation of funds on project accounts, the Commission is reducing advance payments to the minimum needed for the functioning of the local work programmes. |
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After months of social unrest, and after an exorbitant monthly devaluation, the government had no other choice but to adopt the dollar as the only legal currency in circulation. |
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As for Egyptian exports to France, the devaluation of the Egyptian pound will make Egyptian products more competitive and enable them to flow more freely on the international market, on the French market in particular. |
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Of course currency devaluation remains on our agenda. |
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We can draw upon the experience of land trespass and the resultant devaluation from the compensation process that surrounds the oil exploration and extraction regime. |
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All these become more expensive following a devaluation. |
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Without actually defining concrete methods, the G20 made the resolution to evolve toward currency exchanges that are closer to market reality, to prevent any competitive devaluation and to control speculative funds. |
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Inflation is defined either as the devaluation of a currency or equivalently the rise of prices relative to a currency. |
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The massive military expenditures from the Severi caused a devaluation of Roman coins. |
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One of the characteristics of the period is its devaluation of individual sentiment and psychology in favour of public utterance and philosophy. |
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At that time, the term inflation referred to the devaluation of the currency, and not to a rise in the price of goods. |
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Morocco is relatively inexpensive because of the devaluation of the dirham and the increase of hotel prices in Spain. |
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This loss turned out not only to be one of demonetization of the local coinage but also of devaluation. |
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The strategy, which centered on the devaluation of the CFA franc and relied on the pursuit of supporting fiscal and credit policies, led to a resurgence of economic activity. |
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While nihilism is usually understood as standardlessness and devaluation, and as the death of God, these perceptions are not the essence of nihilism. |
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However Wilson's government had inherited a large trade deficit that led to a currency crisis and ultimately a doomed attempt to stave off devaluation of the pound. |
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The drop was partially attributed to the devaluation of sterling. |
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