Examples of using Competitive devaluations in English and their translations into German
{-}
-
Official
-
Colloquial
-
Ecclesiastic
-
Medicine
-
Financial
-
Ecclesiastic
-
Political
-
Computer
-
Programming
-
Official/political
-
Political
In the 1930s, we had competitive devaluations.
The competitive devaluations that plagued the interwar years were to be made a thing of the past.
BRUSSELS- The G-20 governments have declared that competitive devaluations(or currency wars) must be avoided.
American politicians denounced it as predatory;Europeans saw it as a step on the road to competitive devaluations.
It is much less so than the competitive devaluations that prevailed before the transition to the euro.
Let us recall that what transformed the 1929 Crash into the Great Depression was precisely protectionism and competitive devaluations.
Since 1993, competitive devaluations have caused numerous jobs in the European Union to be put at risk, and even lost.
The greatest fear isthat a new recession will provoke a resurgence of protectionist tendencies and competitive devaluations, as happened in the 1930s.
All'competitive devaluations' and all'competitive undervaluations' should be avoided, because they harm necessary international economic and monetary cooperation.
We have heard it affirmed once again during thisdebate that the euro is the right response to competitive devaluations within the Union.
This is a slippery path that can lead to a series of competitive devaluations as countries intervene to push down the value of their currencies to secure an advantage over their rivals.
The second is to prevent a monetary storm from brewing as a result of the failure to rebalance exchange rates andthe pursuit of competitive devaluations.
Competitive devaluations, even if they are not policymakers' stated objectives, are becoming increasingly tempting- though they will not solve the aggregate-demand problem.
The advent of the euro will be a factor for monetary stability andwill contribute to preventing competitive devaluations, thus to limiting certain relocations within the Union.
The costs that must be taken into consideration are those associated with differences in the competitiveness of countries, loss of sovereignty in macroeconomic policy,the exchange rate, and competitive devaluations, etc.
This is also a huge potential problem with the TPP, because competitive devaluations can swamp any other gains from trade by an order of magnitude, with substantial negative effects on US jobs.
The first lesson of European unity is that timesof crisis must draw the continent closer together, not divide it through protectionism, competitive devaluations, and expulsions of immigrants.
Following the 1992 crisis, Parliament declared itself against competitive devaluations and in favour of lifting the legal barriers to use of the ECU in commercial trans actions Resolutions of 16 September and 27 October 1993.
What really turned the slump of 1929 into the Great Depression that lasted ten years till the outbreak of the Second World War was the protectionism,trade wars and competitive devaluations that undermined world trade.
Accusations of"social dumping" and unilateral"competitive devaluations" were either misplaced or, if not, they were proof that EC social regulation put up labour costs and therefore put jobs at risk.
At its meeting in November 1982, the Council of the European Communities reaffirmed the Communities' determination to continue to combat protectionist tendencies in all their forms,including use of competitive devaluations.
It will also enable Europe to eliminate the monetary fluctuations-'competitive devaluations' as they were once known in certain quarters in France- which cost Europe a million and a half additional people unemployed in a two year period, 1995 to 1996.
Without the euro, some more vulnerable Member States would probably have experienced monetary difficulties along with, who knows,some cases of competitive devaluation.
Governments engaged in competitive devaluation to maintain a share of the dwindling market.
Of course, regaining the exchange rate as an instrument for competitive devaluation could help overcome competitiveness losses due to soaring unit-labor costs.
Some of the ghosts of the 1930's have returned, too- in particular,the fear of unfair trade advantages caused by competitive devaluation.
We would have had to deal with speculation and competitive devaluation among more than 20 national currencies.
Doing so requires Japanese policymakers to focus on moresustainable growth while averting a vicious cycle of competitive devaluation and protectionism with Japan's trade partners.
Through international cooperation and coordination, as well as through the provision of liquidity that can be used across the world if necessary,to avoid abrupt exchange rate adjustments and competitive devaluation which could endanger the growth of world trade and the global economy.
On this issue, the international community agrees- and this was restated in Korea last week, as well as by the Commission- that moving towards more market-determined exchange rate systems,enhancing exchange rate stability to reflect underlying fundamentals and refraining from competitive devaluation of currencies are in the interest of the emerging economies concerned and of the international community.