Devaluing to Prosperity: Misaligned Currencies and Their Growth Consequence by Surjit S. Bhalla
Devaluing to Prosperity: Misaligned Currencies and Their Growth Consequence

Surjit S. Bhalla

Devaluing to Prosperity: Misaligned Currencies and Their Growth Consequence

Surjit S. Bhalla

263 pages first pub 2010 (editions)

reflective medium-paced

Description

Experts have long questioned the effect of currency undervaluation on overall GDP growth. They have viewed the underlying basis for this policy--intervention in currency markets to keep the price of the home currency cheap--as doomed to failure on...

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