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UCD Exchange Rate Devaluation Discussion

UCD Exchange Rate Devaluation Discussion

Description

Pleae read the VOX article “Exchange Rate Devaluations: When they can Work and Why,” by Antoine Berthou and Filippo di Maduro, which can be found here: http://voxeu.org/article/exchange-rate-devaluations-when-they-can-work-and-why

To get the ball rolling, start by commenting on the following: do you agree or disagree with the authors’ arguments and why?  “Getting the ball rolling” is a guide for the first several posters.  Thereafter, please feel free to start commenting on each others’ posts.

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