TY - BOOK AU - Bhalla,Surjit S. TI - Devaluing to prosperity: misaligned currencies and their growth consequence SN - 9780881326239 AV - HG3852 B575 D 2012 PY - 2012/// CY - Washington, DC PB - Peterson Institute for International Economics KW - Devaluation of currency KW - Economic development KW - Developing countries KW - International trade KW - Foreign exchange rates KW - Monetary policy KW - Commerce N1 - Introduction -- The determinants of economic growth -- Currency valuation, savings, and the current account -- Measuring currency valuation -- The yin and yang of investment -- Is the real exchange rate endogenous? -- Rashomon rules: US dollar, euro dollar? -- Currency valuation and growth -- Policy failures and growth miracles -- Mercantilism and miracles -- Institutions versus exchange rate policy -- Currency undervaluation: a time-tested policy for growth -- The economics of the yen and the renminbi -- Changing times, changing views -- Conclusion; HKBU library; YT2025 M10 ER -