Competitive Devaluations Are Likely in Asia

Salzburg Global





MORE >>

Post to

Likes

Dislikes

RATE

910 Views

Info
Bio
Chapters
Highlights
Transcript
Download
More

Partner:: Salzburg Global
Location:: Salzburg Global Seminar
Salzburg, Austria
Event Date:: 12.11.09
Speaker:: Guy de Jonquieres
Tags:

Summary: Guy de Jonquieres, Senior Fellow at the European Center for International Political Economy and former chief Asia Commentator and World Trade Editor of the Financial Times, spoke on the Asian Economies Post-Crisis Panel at the Salzburg Global Session "Emerging Asian Powers: Rivalry and Global Responsibility."

He said it was still uncertain how far China�s -- and the rest of Asia's -- recovery was propelled by a genuine resurgence in real demand and warned there were signs that the stimulus was creating asset bubbles that could lead to price inflation. Most Asian currencies are under pressure to revalue, but the governments are reluctant and much of Asia seems to remain locked in a cycle of competitive non-revaluation.

Bio

Guy de Jonquieres

Guy de Jonquieres is the Financial Times Asia columnist and commentator. As well as writing a column on the op-ed page three times a month, focused on regional economic and business issues, he is a regular leader writer.

He joined the newspaper in 1968, serving as a staff correspondent in Paris, Washington and Saigon, and then as bureau chief in New York and Brussels. In 1980, he moved back to London to cover the global IT industry, later working successively as international business editor, consumer industries editor and world trade editor. He took up his current assignment in early 2005 and is based in Hong Kong.

During his career, Guy has traveled extensively in North America, continental Europe and Asia. He was born in England and educated at Lancing College and Exeter College, Oxford, where he studied Modern Languages.

Chapters

01.: Competitive Devaluations Are Likely in Asia

17 min 01 sec

Add to Profile

There are no highlights for this program

Watch Full Program

17 min 01 sec

Add to Profile

There is no transcript for this program

Save this program for later

To download this program become a member. JOIN NOW >>

Video (mp4)
159 MB 39 min

Select your connection speed to see approximate download times:

To download this program
become a member.

NO ADS + DOWNLOADS + HQ VIEWING

Encyclopædia Britannica Article

devaluation: Reduction in the exchange value of a country's monetary unit in terms of gold, silver, or foreign currency. By decreasing the price of the home country's exports abroad and increasing the price of imports in the home country, devaluation encourages the home country's export sales and discourages expenditures on imports, thus improving its balance of payments.; devaluation on britannica.com