Our Doubts About Dong Depreciation Policy

August 2007
Asia Monitor: South East Asia Monitor Volume 1;Aug2007, Vol. 18 Issue 8, p4
Country Report
Country Report
The article focuses on the introduction of the dong depreciating policy that was reaffirmed by Vietnamese deputy premier Nguyen Sinh Hung on June 25, 2007. The depreciation policy is the official policy of depreciating the dong currency by 1.0 percent this year to give a boost to the country's exports. However, the Business Monitor International has continued to believe that the depreciation policy is unsustainable, given the heavy capital inflows and the risk of exacerbating.


Related Articles

  • INTERNATIONAL TRADE AND DEVALUATION OF THE DOLLAR, 1932-1934. Cassady, Jr., Ralph; Upgren, Arthur R. // Quarterly Journal of Economics;May36, Vol. 50 Issue 3, p415 

    The article reports that the frequent statement that one of the effects of the devaluation of the dollar would be a stimulation of exports and a retardation of imports has not been realized. It is true that devaluation of the dollar has tended to bring about a rise in the dollar price of imports...

  • GROWTH, FINANCE AND REGULATION. Maric, Zeljko // Perspectives of Innovations, Economics & Business;2011, Vol. 7 Issue 1, p8 

    Devaluation is the instrument of monetary policy which has been used very often during the 20th century. In recent time of globalization, the many limited factors (openness of the economy, capital movements, currency substitution, money illusion) significantly reduce or completely make...

  • Effects of Euro Devaluation on Eurozone Exports. Anaraki, Nahid Kalbasi // International Journal of Economics & Finance;Feb2014, Vol. 6 Issue 2, p19 

    The recent sovereign debt crisis in the Eurozone, which still continues to grow, is presumed to be one of the most severe financial crisis in the world economy during the past decades. The crisis represents not only a real threat to the recovery of the Eurozone but also to the world economy....

  • AFTER DEVALUATION: THE COMMON TASK. Salter, Arthur // Foreign Affairs;Jan1950, Vol. 28 Issue 2, p215 

    The devaluation of the pound, followed by that of so many other currencies, is a sharp reminder of the changing pattern of economic relations in the postwar world. To attain a reduction in price fully equivalent to the percentage by which the exchange rate has been lowered, costs including wage...

  • Is China Becoming the New Japan? Hollein, Marie // Financial Executive;Sep2010, Vol. 26 Issue 7, p6 

    The article focuses on the debate on the valuation of the Chinese yuan and its impact on foreign trade rates. According to the author, China has set the value of its currency artificially low to make sure that its exports maintain a more competitive price on the global market. Due to this, the...

  • TRADE WINDS.  // World Trade: WT100;Feb2010, Vol. 23 Issue 2, p12 

    The article offers news briefs related to the international trade industry. A survey discusses that Great Britain is moving its manufacturing operations from Eastern Europe and Asia back to the home country due to poor quality and delays in delivery. Investments for clean technology in North...

  • LOOKING BACK….  // MEED: Middle East Economic Digest;6/9/2006, Vol. 50 Issue 23, p2 

    The article presents news briefs in the Middle East. Gulf banks suspend dealings in rupees after the Indian government's decision to devalue the currency by 36.5 percent, on June 10, 1966. Jordan's exports to the US are expected to jump from just $13.6 million in 1999 to about $200 million in...

  • ARS: Under Attack From All Angles.  // Latin America Monitor: Southern Cone Monitor;Dec2008, Vol. 25 Issue 12, p1 

    This article offers an outlook for the value of the Argentine peso against the U.S. dollar in 2009. According to Business Monitor International (BMI), the Argentine peso looks poised for further depreciation. BMI attributes the scenario to the country's economic fundamentals and policy outlook....

  • Group alleges China currency manipulation. Andrews, Susan M. // Furniture/Today;9/27/2004, Vol. 29 Issue 4, p2 

    The article alleges currency manipulation in China. A group fighting Chinese textiles is backing an allegation that China is keeping its currency artificially undervalued, which makes its exports cheaper than they should. Industry trade groups maintain that Chinese mills operate with unfair...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics