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Before the 1997-98 crisis, the East Asian economies—except for Japan—informally pegged their currencies to the dollar. These soft pegs made them vulnerable to a depreciating yen thereby aggravating the crisis. To limit future misalignments, the IMF wants East Asian currencies to float...
Persistent link: https://www.econbiz.de/10005119492
effect of productivity differentials and net foreign assets. The effect of productivity on national price levels is … productivity differentials. Basic theoretical implications are confirmed by the price level data of OECD countries. …
Persistent link: https://www.econbiz.de/10005124940
Productivity at Australian container terminals has improved significantly in absolute terms since 1997 according to … this international benchmarking study. For the sample of ship calls and terminals studied, productivity improved also in … relative terms. The productivity improvement at Australian terminals was generally greater than at overseas terminals between …
Persistent link: https://www.econbiz.de/10005556535