The mirage of a weak currency

Research output: Contribution to journalArticle

Abstract (may include machine translation)

One of the most common misunderstandings among those studying economic development theory has been the idea that a weak currency is beneficial for economic development. This old fallacy has regularly been resurrected by practitioners, who are usually found in ailing industries or unions, or among policy makers in search of a quick fix.
Original languageEnglish
Pages (from-to)47-51
Number of pages5
JournalHungarian Review
Volume3
Issue number5
StatePublished - 2012

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