ARTIFICIAL DEVALUATION IN MODERN ECONOMY
- Authors: Flores Guzmán C.A.1
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Affiliations:
- Peoples’ Friendship University of Russia
- Issue: Vol 3, No 2 (2016)
- Section: Articles
- URL: https://journals.rudn.ru/in-econ/article/view/49658
- ID: 49658
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Abstract
In article the macroeconomic scenario of development in 20 years of Greece, Spain and China is analyzed to determine a role which is played by a monetary policy in their economy. The author considers dynamics of various macroeconomic indicators, including in the sphere of public finances, a private sector and economic growth of these three economies in the ratio with reserve currencies of the IMF (dollar, pound and yen). From this the author concludes whether artificial devaluation and what its role stimulates economy in today's economy.
About the authors
Carlos Arturo Flores Guzmán
Peoples’ Friendship University of Russia
Author for correspondence.
Email: carlosflores_cafg@hotmail.com
Master of Political Economy at RUDN University
117198, Moscow, Miklukho-Maklaya str., 6References
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