There is a potential downside to this rationale, however. Devaluation also increases the debt burden of foreign-denominated loans when priced in the home currency. This is a big problem for a developing country like India or Argentina, which holds lots of dollar- and euro-denominated debt. Thes...
(难易度:中) A. Isee. B. Letmeputitinanotherway. C.Yes,Ican. 正确答案:B 正确答案解释 : 正确答案为B 5. -Doyouthinkcosmeticsurgeryismorepopularwithwomen -___ 单选题(2.0分) (难易度:中) A.Yes,womenaremorepopularthanmen. B.Yes,absolutely.Womenpaymoreattentiontobeauty. C. No,menaremore...
Second, developing economies have to discover solutions when facing inflation due to the exit of the dollar from their countries to the United States after increasing interest rates. They must often do this with little warning and without the coordination of any international financial institutions or...
The European financial sector is trading at the bottom end of its historic trading range, whether we consider price-to-earnings ratios or price-to-book ratios. Compared to the broader market, the sector is 31% cheaper in terms of its 12-month forward price-to-earnings ratio. Historically the...
Ironically, welfare also produces an unemployment trap. Some programs tax welfare recipients' additional earnings at a 100%marginal rateso if they earn a dollar from work, they lose a dollar in benefits. The rate can even exceed 100% (a welfare cliff) making work a glaringlyirrational choice....
Second, developing economies have to discover solutions when facing inflation due to the exit of the dollar from their countries to the United States after increasing interest rates. They must often do this with little warning and without the coordination of any international financial institutions or...
Thus, compared with the situation in 2013, India’s growth is superior, twin deficits are much lower, inflation is benign and real interest rates are positive. The depreciation of the rupee against the dollar at 14 per cent, though steep, is a cyclical adjustment for the inflation differential...
Development Goal of equitable sanitation for all by 2030 offers vast potential for global economic growth, while addressing one of the most urgent social challenges of our time. In India alone, the potential annual value of a transformational sanitation economy is estimated to be US$62 billion by...
Increasing exports is one of the most effective ways to beat the recession.Earning Foreign ExchangeThe dollar is the most important currency in the world today. It is a reserve currency. This means that international trades happen either in dollar or gold. Essential commodities like oil and gold...
Inflation remains a global problem and it is increasing. Since 1971, when the dollar’s link to gold was severed, gold has outperformed both US consumer prices and other currencies, particularly as an alternative to the dollar, because unlike paper money, gold is sanction-free. Gold is a bar...