caseism

Currency Wars Case Solution & Answer

This Case is about BUDGETING

PUBLICATION DATE: March 18, 2013 PRODUCT #: 713074-HCB-ENG

In February 2013, the G20 finance ministers met in Moscow, Russia to talk about the increasing tensions over a possible international money war. It was supposed that particular states were devaluing their currencies as a way to boost their competitiveness in global markets. The leading central banks insisted that such policies were essential for restoring economic growth both domestically and globally. Would these policies produce a revival of increase? Should developing countries react?

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