In the News
Can a currency depreciation lift Brazil out of recession?
9th December 2015
I will be using this mini case study when teaching exchange rates next term. The Brazilian real has been falling rapidly against the US dollar. Since mid-2014, the real has depreciated 43 per cent against the dollar although the real trade-weighted decline is smaller. Can an exchange rate shift of the size help to lift the Brazilian economy out of recession by restoring price competitiveness and improving the external trade figures?
- Economics
- Blog
- In the News
- Managed Floating Currency
- Brazil
- BRIC Economies
- Exchange Rate
- Real exchange rate
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Terms of Trade
Study Notes
South Africa - Economic Growth and Development
Study Notes
Post-China 16 Countries
23rd July 2015
Macroeconomic Profile for China
28th March 2016
Fixed and Floating Exchange Rates
Topic Videos
Explaining the J Curve
Topic Videos
Currency Economics: The Collapsing Turkish Lira
Topic Videos