WDEV special: Subscribe now and get 4 weeks free >>> here
deutschsprachige Version

Our new website address:  
www.wdev.eu  

Home Mission Statement Subscriptions Sample Copies Services Blogs Background Links Archives

Volume 2017
Volume 2016
Volume 2015
Volume 2014
Volume 2013
Volume 2012
Volume 2011
Volume 2010
Volume 2009
Volume 2008
Volume 2007
Volume 2006
In-depth:
Special Reports
LOGIN
For subscribers only
Show memo
Show shopping cart
Proceed to check-out
Your account
Europe Global Environment & Development The New South From G8 to G20 The Development Agenda UN Reform Global Finance Doha Final The Euro-zone in Crisis Eastern Europe


Who's Afraid of the Falling Dollar?

Strong dollar - strong influenza

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.

 

It is too bad. We have lost more than three million manufacturing jobs here since 2001, and much if not most of this job loss is due to the dollar being overvalued. This is bad news not only for the people who lost these jobs, but for the tens of millions more whose wages are depressed by the displacement of these workers – and arguably for the nation as a whole, as America's manufacturing base continues its process of “hollowing out” ...

... this article - published in Issue 6/Nov-Dec 2007 - is for subscribers only. For direct log in >>> click here. If you have no subscription >>> pick your option or >>> buy the article.

Posted: 10 November 2007

More on the subject: >>> Global Finance







The Global Establishment and Global Inequality / Will Strauss-Kahn Lead the IMF Out of Crisis?

print

Top of page

Imprint General Terms and Conditions RSS Feeds Site Map