European Briefings on Globalisation, North-South Relations and International Ecology

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Who's Afraid of the Falling Dollar?

Article no: EN20071110-Article-6.1-2007

Who's Afraid of the Falling Dollar?

What do policy-makers in China, Japan, Argentina, Malaysia, Indonesia, the European Union and many other countries understand that ours don't? It seems they know that if the value of their currencies rises too much, it can hurt their economy. But for a number of reasons it hasn't quite sunk in here, comments Mark Weisbrot in Washington.

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