"We expect the markets to reflect the true value of currency - the way that currencies ought to be valued is based upon economic activity, a fiscal policy, monetary policy of the respective governments, the potential for growth, and the potential for long-term viability of economies that's how our respective currencies ought to be valued- (President Bush) Over the past two years the value of the American dollar relative to other currencies, such as the Japanese Yen and the Euro, has declined dramatically. ... As the above quote from President Bush points out, the current administratio...

• Word Count: 1225
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Looking at the Russian Economy A country framework should yield results useful for investment planning, policy choice, and financial reimbursement where appropriate. ... Prime Minister Yevgeny Primakov is backing off on reforms and any policy that presents economic risk. ...

• Word Count: 4431
• Approx Pages: 18
• Has Bibliography

Hong Kong Government's fiscal policy had been conservative and had accumulated huge surpluses prior to 1997. ... Even with the emergence of huge fiscal deficit these years, the government is inclined to tap the fiscal reserve and to set goals in achieving budget balance. It is unlikely that the government will issue bonds to finance the fiscal deficit directly which deviates from strict fiscal discipline as required by a currency board system and exerts negative impacts on financial stability that outstrips the benefits of developing a bond market . ...

• Word Count: 1396
• Approx Pages: 6
• Grade Level: Undergraduate

Argentina embraced US-style capitalism and adopted US-backed economic reform in the 1990s in the form of a fixed-currency system and unbridled free-market policies. ... Argentina needs a large scale international monetary aid and must develop an endurable economic plan in order to take proper fiscal and monetary measures to come out of the recession and the economic quagmire it has entrapped itself in. The IMF and US have set a number of conditions in order to enable Argentina to qualify for such international loans such as overhauling its tax system, fixing the problem of provincial overspend...

• Word Count: 506
• Approx Pages: 2
• Has Bibliography
• Grade Level: Graduate

These exchange rate systems had been operated largely through linkages with the United States (US) dollar as their anchor Such external policy mixes are only sustainable in the longer term if there is close harmonisation of economic/financial policies and conditions with those of the anchor country. Otherwise these policies destabilising capital flows would inevitably undermine the exchange rate. ... According to this view, an exchange rate anchor was particularly effective in countries with high inflation say, high two digits levels that had already tackled (most of) their fiscal imbalance...

• Word Count: 2133
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

The downside of dollarization is that the country gives up its right to influence its own monetary policy by adjusting the money supply.... This suggestion is exerted by then-president Carlos Menem of Argentina in 1999, is to rescue difficulties with monetary and exchange rate policy as an efficient solution to its long history issues. ...

• Word Count: 3668
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate

There are a few reasons that I came up with on why the German government continues to loan Greece money. It seems to me that a major part of their continued financial support is due to the fact that they have a lot at risk if the Greek economic situation deteriorates further. It's no secret that the...

• Word Count: 731
• Approx Pages: 3
• Grade Level: High School

NICARAGUA HISTORY Nicaragua takes its name from Nicarao, chief of the indigenous tribe then living around present-day Lake Nicaragua. Although it is the largest republic in Central America, has a relatively tiny population of approximately 4.5 million people. Nicaragua is bound on the north by Honduras, on the east by the Caribbean Sea, on the south by Costa Rica, and on the west by the Pacific Ocean. It is slightly larger than the U.S. state of New York with an area of 130,000 square kilometers. The capital city is Managua. ...

• Word Count: 4098
• Approx Pages: 16
• Has Bibliography
• Grade Level: High School

International Trade, Exchange Rates and Macroeconomic Policy A Report Contents: • Foreign Trade and the Balance of Payments • Exchange Rates • Babur • Exchange Rate Systems • Net Exports • FOREIGN TRADE & BALANCE OF PAYMENTS FOREIGN TRADE Foreign trade is the exchange of goods and services between different countries. ... The balance of payments is divided into two main parts: Current account Capital account CURRENT ACCOUNT It is the part of the Balance of Payment, which records a...

• Word Count: 3188
• Approx Pages: 13
• Grade Level: High School

Fixed Exchange Rate Policy According to the United States Agency of International Development (2011), "A fixed exchange rate regime might better be called, the fix the exchange rate (foreign currency price of the national currency) and, if necessary, devalue (lower the foreign currency price of the national currency) when it becomes too difficult to maintain the rate regime". ... The International Monetary Fund can tighten this discipline of the monetary and fiscal policy over a period of time to monitor the adjustment of deflation or disinflation to ensure stability in the economy. ...

• Word Count: 1468
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate