Examples of using Devaluations in English and their translations into Slovak
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In the 1930s, we had competitive devaluations.
Social unrest, huge devaluations, and populist protests loomed.
Devaluations would have been inevitable and we would not have avoided a currency crisis.
The widespread currency floats and devaluations set back aspirations for European monetary union.
Country after country introduced duties,quantitative restrictions,'buy domestic' rules and competing devaluations.
We have had numerous devaluations, and not once has it created lasting prosperity.
But there was one type ofunfair practice that the Single Market could not prohibit: competitive devaluations.
If that is the economic paradise of devaluations, thanks, but no thanks, I prefer the hell of austerity.
TOKYO- The risk of global currency andtrade wars is rising, with most economies now engaged in competitive devaluations.
Number one, they didn't do anything on currency devaluations, which is a killer for our country because we don't do it and everyone else does it.
The argument is quite common among press commentators and economists alike and goes as follows:The single currency has made competitive devaluations impossible.
All'competitive devaluations' and all'competitive undervaluations' should be avoided, because they harm necessary international economic and monetary cooperation.
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.
Global inflation is about to spike due to higher worldwide commodity prices,competitive devaluations(imported inflation) and, to a lesser extent, increasing property prices.
Such undesirable developments- veering towards protectionism- might include, for instance, distortions of competition, dumping(not least on thetax front), freeloading and, outside the euro area, currency devaluations.
Insufficient convergence of national budgetary policies has created tensions,and some competitive devaluations have threatened the unity of the single market.
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.
Global inflation is about to spike due to higher worldwide commodity prices,competitive devaluations(imported inflation) and, to a lesser extent, increasing property prices.
Hopes that the creation of the euro would force rational economic behavior on all sides were in vain,” he said, noting that the policy of forcing Spain, Portugal,and Greece to carry out internal devaluations was a“catastrophe.”.
Contrary to popular belief, he believed that in most cases currency devaluations were counterproductive, their benefits often outweighed by increased domestic costs and the undermining of sovereign credit.
The draft communique emphasized that structural reforms were needed to enhance growth,and reaffirmed commitments from March's ministerial meeting to refrain from competitive devaluations that could have adverse effects on global financial stability.
They just go back and forth and back and forth with competitive devaluations until the system either collapses or is reformed with a new international agreement such as Bretton Woods(1944) or the Plaza Accord(1985).
The situation of low international reserves(resulting from larger current account deficits in theregion) might trigger more devaluations in the future, which would further raise the external debt burden in the region.
The lack of coordinated monetary policies causes a“competitive devaluations” war which makes the crisis worse and unleashes rivalry between our economies thus preventing a coordinated response from the region and even creates structural threats to the progress of initiative towards integration, such as UNASUR.
The G20 group of majoreconomies has committed to refraining from competitive devaluations and from targeting exchange rates for competitive purposes, while resisting all forms of protectionism.
After the British devaluation of 1931, which was followed by twenty-two other devaluations(among 54 countries) before the end of that year, a whole new environment of monetary chaos emerged, which certainly made things difficult for those remaining on a gold standard system.
He contributed to the transition process of the Czechoslovak koruna to a currency with internal andlater 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.
Unstable relationships that alternate between idealization and devaluation.
Devaluation of products of labor due to steady decline in the purchasing power of money.