×


 x 

Shopping cart
David A. Steinberg - Demanding Devaluation: Exchange Rate Politics in the Developing World - 9780801453847 - V9780801453847
Stock image for illustration purposes only - book cover, edition or condition may vary.

Demanding Devaluation: Exchange Rate Politics in the Developing World

€ 60.06
FREE Delivery in Ireland
Description for Demanding Devaluation: Exchange Rate Politics in the Developing World Hardback. Series: Cornell Studies in Money. Num Pages: 288 pages, 21 tables, 1 line drawings, 13 charts. BIC Classification: 1QFG; JPQB; KCL. Category: (G) General (US: Trade). Dimension: 163 x 243 x 24. Weight in Grams: 540.

Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries "overvalue" their exchange rates, which increases consumers' purchasing power but often reduces economic growth. In Demanding Devaluation, David Steinberg argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate.Combining rich qualitative case studies of China, Argentina, South Korea, Mexico, and Iran with cross-national statistical analyses, Steinberg ... Read more

Show Less

Product Details

Publisher
Cornell University Press
Format
Hardback
Publication date
2015
Series
Cornell Studies in Money
Condition
New
Weight
540g
Number of Pages
288
Place of Publication
Ithaca, United States
ISBN
9780801453847
SKU
V9780801453847
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-14

About David A. Steinberg
David A. Steinberg is Assistant Professor of International Political Economy at The Johns Hopkins University’s School of Advanced International Studies in Washington, D.C.

Reviews for Demanding Devaluation: Exchange Rate Politics in the Developing World
"In Demanding Devaluation, David A. Steinberg addresses an enduring and fundamental puzzle of developing economies: Why, despite sound economic theory and strong empirical evidence that an undervalued exchange rate benefits long-term growth, do so many countries have an overvalued exchange rate? For Steinberg, the answer is politics. Skillfully mixing quantitative tests and compelling case studies, Steinberg shows how sectoral policy ... Read more

Goodreads reviews for Demanding Devaluation: Exchange Rate Politics in the Developing World


Subscribe to our newsletter

News on special offers, signed editions & more!