Competitive devaluations in currency wars: financial projections of neo-protectionism

Zoryana Lutsyshyn, Nataliia Reznikova
2013 International Economic Policy  
The article examines the nature of a currency war as signs of neoprotectionism in terms of global challenges the global monetary system which came in yet another transformation period has faced. We analyze a mechanism of performance of competitive devaluations as a tool for improving the competitiveness of national economies. It is given the author's interpretation of the financial instruments of neo-protectionism thorough a thorough study of the latter.
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