Demanding devaluation: exchange rate politics in the developing world
Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heig...
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Ithaca ; London
Cornell University Press
2015
|
Schriftenreihe: | Cornell Studies in money
|
Schlagworte: | |
Online-Zugang: | DE-1043 DE-1046 DE-Aug4 DE-859 DE-860 DE-188 DE-473 DE-739 DE-858 Volltext |
Zusammenfassung: | Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries "overvalue" their exchange rates, which increases consumers' purchasing power but often reduces economic growth. In Demanding Devaluation, David Steinberg argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate. Combining rich qualitative case studies of China, Argentina, South Korea, Mexico, and Iran with cross-national statistical analyses, Steinberg reveals that exchange rate policy is heavily influenced by a country’s domestic political arrangements. Interest group demands influence exchange rate policy, and national institutional structures shape whether interest groups lobby for an undervalued or an overvalued rate. A country’s domestic political system helps determine whether it undervalues its exchange rate and experiences explosive economic growth or if it overvalues its exchange rate and sees its economy stagnate as a result |
Beschreibung: | 1 Online-Ressource (xiii, 273 Seiten) Illustrationen |
ISBN: | 9780801454257 |
DOI: | 10.7591/9780801454257 |
Internformat
MARC
LEADER | 00000nmm a2200000 c 4500 | ||
---|---|---|---|
001 | BV044254316 | ||
003 | DE-604 | ||
005 | 20200831 | ||
007 | cr|uuu---uuuuu | ||
008 | 170403s2015 |||| o||u| ||||||eng d | ||
020 | |a 9780801454257 |c PDF |9 978-0-8014-5425-7 | ||
024 | 7 | |a 10.7591/9780801454257 |2 doi | |
035 | |a (ZDB-23-DGG)9780801454257 | ||
035 | |a (OCoLC)916715324 | ||
035 | |a (DE-599)BVBBV044254316 | ||
040 | |a DE-604 |b ger |e rda | ||
041 | 0 | |a eng | |
049 | |a DE-Aug4 |a DE-859 |a DE-860 |a DE-473 |a DE-739 |a DE-1046 |a DE-1043 |a DE-188 |a DE-858 | ||
082 | 0 | |a 332.4/56 |2 23 | |
084 | |a QM 331 |0 (DE-625)141778: |2 rvk | ||
100 | 1 | |a Steinberg, David A. |d 1980- |e Verfasser |0 (DE-588)1114742414 |4 aut | |
245 | 1 | 0 | |a Demanding devaluation |b exchange rate politics in the developing world |c David A. Steinberg |
264 | 1 | |a Ithaca ; London |b Cornell University Press |c 2015 | |
300 | |a 1 Online-Ressource (xiii, 273 Seiten) |b Illustrationen | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a Cornell Studies in money | |
520 | |a Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries "overvalue" their exchange rates, which increases consumers' purchasing power but often reduces economic growth. In Demanding Devaluation, David Steinberg argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate. Combining rich qualitative case studies of China, Argentina, South Korea, Mexico, and Iran with cross-national statistical analyses, Steinberg reveals that exchange rate policy is heavily influenced by a country’s domestic political arrangements. Interest group demands influence exchange rate policy, and national institutional structures shape whether interest groups lobby for an undervalued or an overvalued rate. A country’s domestic political system helps determine whether it undervalues its exchange rate and experiences explosive economic growth or if it overvalues its exchange rate and sees its economy stagnate as a result | ||
650 | 4 | |a Entwicklungsländer | |
650 | 4 | |a Politik | |
650 | 4 | |a Foreign exchange rates |x Political aspects |z China | |
650 | 4 | |a Foreign exchange rates |x Political aspects |z Developing countries | |
650 | 0 | 7 | |a Wirtschaftsentwicklung |0 (DE-588)4066438-7 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Wechselkurspolitik |0 (DE-588)4131291-0 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Abwertung |0 (DE-588)4141203-5 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Aufwertung |0 (DE-588)4143436-5 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Interessenpolitik |0 (DE-588)4129409-9 |2 gnd |9 rswk-swf |
651 | 7 | |a Südkorea |0 (DE-588)4078029-6 |2 gnd |9 rswk-swf | |
651 | 7 | |a China |0 (DE-588)4009937-4 |2 gnd |9 rswk-swf | |
651 | 7 | |a Mexiko |0 (DE-588)4039058-5 |2 gnd |9 rswk-swf | |
651 | 7 | |a Iran |0 (DE-588)4027653-3 |2 gnd |9 rswk-swf | |
651 | 7 | |a Argentinien |0 (DE-588)4002890-2 |2 gnd |9 rswk-swf | |
689 | 0 | 0 | |a China |0 (DE-588)4009937-4 |D g |
689 | 0 | 1 | |a Argentinien |0 (DE-588)4002890-2 |D g |
689 | 0 | 2 | |a Südkorea |0 (DE-588)4078029-6 |D g |
689 | 0 | 3 | |a Mexiko |0 (DE-588)4039058-5 |D g |
689 | 0 | 4 | |a Iran |0 (DE-588)4027653-3 |D g |
689 | 0 | 5 | |a Wirtschaftsentwicklung |0 (DE-588)4066438-7 |D s |
689 | 0 | 6 | |a Wechselkurspolitik |0 (DE-588)4131291-0 |D s |
689 | 0 | 7 | |a Aufwertung |0 (DE-588)4143436-5 |D s |
689 | 0 | 8 | |a Abwertung |0 (DE-588)4141203-5 |D s |
689 | 0 | 9 | |a Interessenpolitik |0 (DE-588)4129409-9 |D s |
689 | 0 | |5 DE-604 | |
776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe, Hardcover |z 978-0-8014-5384-7 |
856 | 4 | 0 | |u https://doi.org/10.7591/9780801454257 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
912 | |a ZDB-23-DGG | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-029659349 | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-1043 |p ZDB-23-DGG |q FAB_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-1046 |p ZDB-23-DGG |q FAW_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-Aug4 |p ZDB-23-DGG |q FHA_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-859 |p ZDB-23-DGG |q FKE_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-860 |p ZDB-23-DGG |q FLA_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-188 |p ZDB-23-DGG |q ZDB-23-DGG 2019 |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-473 |p ZDB-23-DGG |q UBG_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-739 |p ZDB-23-DGG |q UPA_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.7591/9780801454257 |l DE-858 |p ZDB-23-DGG |q FCO_PDA_DGG |x Verlag |3 Volltext |
Datensatz im Suchindex
_version_ | 1806958967415373824 |
---|---|
adam_text | |
any_adam_object | |
author | Steinberg, David A. 1980- |
author_GND | (DE-588)1114742414 |
author_facet | Steinberg, David A. 1980- |
author_role | aut |
author_sort | Steinberg, David A. 1980- |
author_variant | d a s da das |
building | Verbundindex |
bvnumber | BV044254316 |
classification_rvk | QM 331 |
collection | ZDB-23-DGG |
ctrlnum | (ZDB-23-DGG)9780801454257 (OCoLC)916715324 (DE-599)BVBBV044254316 |
dewey-full | 332.4/56 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.4/56 |
dewey-search | 332.4/56 |
dewey-sort | 3332.4 256 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
doi_str_mv | 10.7591/9780801454257 |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a2200000 c 4500</leader><controlfield tag="001">BV044254316</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20200831</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">170403s2015 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780801454257</subfield><subfield code="c">PDF</subfield><subfield code="9">978-0-8014-5425-7</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.7591/9780801454257</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-23-DGG)9780801454257</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)916715324</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV044254316</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1046</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-858</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.4/56</subfield><subfield code="2">23</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QM 331</subfield><subfield code="0">(DE-625)141778:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Steinberg, David A.</subfield><subfield code="d">1980-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1114742414</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Demanding devaluation</subfield><subfield code="b">exchange rate politics in the developing world</subfield><subfield code="c">David A. Steinberg</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Ithaca ; London</subfield><subfield code="b">Cornell University Press</subfield><subfield code="c">2015</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (xiii, 273 Seiten)</subfield><subfield code="b">Illustrationen</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Cornell Studies in money</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries "overvalue" their exchange rates, which increases consumers' purchasing power but often reduces economic growth. In Demanding Devaluation, David Steinberg argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate. Combining rich qualitative case studies of China, Argentina, South Korea, Mexico, and Iran with cross-national statistical analyses, Steinberg reveals that exchange rate policy is heavily influenced by a country’s domestic political arrangements. Interest group demands influence exchange rate policy, and national institutional structures shape whether interest groups lobby for an undervalued or an overvalued rate. A country’s domestic political system helps determine whether it undervalues its exchange rate and experiences explosive economic growth or if it overvalues its exchange rate and sees its economy stagnate as a result</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Entwicklungsländer</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Politik</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Foreign exchange rates</subfield><subfield code="x">Political aspects</subfield><subfield code="z">China</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Foreign exchange rates</subfield><subfield code="x">Political aspects</subfield><subfield code="z">Developing countries</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Wirtschaftsentwicklung</subfield><subfield code="0">(DE-588)4066438-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Wechselkurspolitik</subfield><subfield code="0">(DE-588)4131291-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Abwertung</subfield><subfield code="0">(DE-588)4141203-5</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Aufwertung</subfield><subfield code="0">(DE-588)4143436-5</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Interessenpolitik</subfield><subfield code="0">(DE-588)4129409-9</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Südkorea</subfield><subfield code="0">(DE-588)4078029-6</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">China</subfield><subfield code="0">(DE-588)4009937-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Mexiko</subfield><subfield code="0">(DE-588)4039058-5</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Iran</subfield><subfield code="0">(DE-588)4027653-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Argentinien</subfield><subfield code="0">(DE-588)4002890-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">China</subfield><subfield code="0">(DE-588)4009937-4</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Argentinien</subfield><subfield code="0">(DE-588)4002890-2</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Südkorea</subfield><subfield code="0">(DE-588)4078029-6</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="3"><subfield code="a">Mexiko</subfield><subfield code="0">(DE-588)4039058-5</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="4"><subfield code="a">Iran</subfield><subfield code="0">(DE-588)4027653-3</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="5"><subfield code="a">Wirtschaftsentwicklung</subfield><subfield code="0">(DE-588)4066438-7</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="6"><subfield code="a">Wechselkurspolitik</subfield><subfield code="0">(DE-588)4131291-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="7"><subfield code="a">Aufwertung</subfield><subfield code="0">(DE-588)4143436-5</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="8"><subfield code="a">Abwertung</subfield><subfield code="0">(DE-588)4141203-5</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="9"><subfield code="a">Interessenpolitik</subfield><subfield code="0">(DE-588)4129409-9</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe, Hardcover</subfield><subfield code="z">978-0-8014-5384-7</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-23-DGG</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-029659349</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-1043</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FAB_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-1046</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FAW_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-Aug4</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FHA_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-859</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FKE_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-860</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FLA_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-188</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">ZDB-23-DGG 2019</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-473</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">UBG_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-739</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">UPA_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.7591/9780801454257</subfield><subfield code="l">DE-858</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FCO_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
geographic | Südkorea (DE-588)4078029-6 gnd China (DE-588)4009937-4 gnd Mexiko (DE-588)4039058-5 gnd Iran (DE-588)4027653-3 gnd Argentinien (DE-588)4002890-2 gnd |
geographic_facet | Südkorea China Mexiko Iran Argentinien |
id | DE-604.BV044254316 |
illustrated | Not Illustrated |
indexdate | 2024-08-10T00:39:17Z |
institution | BVB |
isbn | 9780801454257 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029659349 |
oclc_num | 916715324 |
open_access_boolean | |
owner | DE-Aug4 DE-859 DE-860 DE-473 DE-BY-UBG DE-739 DE-1046 DE-1043 DE-188 DE-858 |
owner_facet | DE-Aug4 DE-859 DE-860 DE-473 DE-BY-UBG DE-739 DE-1046 DE-1043 DE-188 DE-858 |
physical | 1 Online-Ressource (xiii, 273 Seiten) Illustrationen |
psigel | ZDB-23-DGG ZDB-23-DGG FAB_PDA_DGG ZDB-23-DGG FAW_PDA_DGG ZDB-23-DGG FHA_PDA_DGG ZDB-23-DGG FKE_PDA_DGG ZDB-23-DGG FLA_PDA_DGG ZDB-23-DGG ZDB-23-DGG 2019 ZDB-23-DGG UBG_PDA_DGG ZDB-23-DGG UPA_PDA_DGG ZDB-23-DGG FCO_PDA_DGG |
publishDate | 2015 |
publishDateSearch | 2015 |
publishDateSort | 2015 |
publisher | Cornell University Press |
record_format | marc |
series2 | Cornell Studies in money |
spelling | Steinberg, David A. 1980- Verfasser (DE-588)1114742414 aut Demanding devaluation exchange rate politics in the developing world David A. Steinberg Ithaca ; London Cornell University Press 2015 1 Online-Ressource (xiii, 273 Seiten) Illustrationen txt rdacontent c rdamedia cr rdacarrier Cornell Studies in money Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries "overvalue" their exchange rates, which increases consumers' purchasing power but often reduces economic growth. In Demanding Devaluation, David Steinberg argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate. Combining rich qualitative case studies of China, Argentina, South Korea, Mexico, and Iran with cross-national statistical analyses, Steinberg reveals that exchange rate policy is heavily influenced by a country’s domestic political arrangements. Interest group demands influence exchange rate policy, and national institutional structures shape whether interest groups lobby for an undervalued or an overvalued rate. A country’s domestic political system helps determine whether it undervalues its exchange rate and experiences explosive economic growth or if it overvalues its exchange rate and sees its economy stagnate as a result Entwicklungsländer Politik Foreign exchange rates Political aspects China Foreign exchange rates Political aspects Developing countries Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf Wechselkurspolitik (DE-588)4131291-0 gnd rswk-swf Abwertung (DE-588)4141203-5 gnd rswk-swf Aufwertung (DE-588)4143436-5 gnd rswk-swf Interessenpolitik (DE-588)4129409-9 gnd rswk-swf Südkorea (DE-588)4078029-6 gnd rswk-swf China (DE-588)4009937-4 gnd rswk-swf Mexiko (DE-588)4039058-5 gnd rswk-swf Iran (DE-588)4027653-3 gnd rswk-swf Argentinien (DE-588)4002890-2 gnd rswk-swf China (DE-588)4009937-4 g Argentinien (DE-588)4002890-2 g Südkorea (DE-588)4078029-6 g Mexiko (DE-588)4039058-5 g Iran (DE-588)4027653-3 g Wirtschaftsentwicklung (DE-588)4066438-7 s Wechselkurspolitik (DE-588)4131291-0 s Aufwertung (DE-588)4143436-5 s Abwertung (DE-588)4141203-5 s Interessenpolitik (DE-588)4129409-9 s DE-604 Erscheint auch als Druck-Ausgabe, Hardcover 978-0-8014-5384-7 https://doi.org/10.7591/9780801454257 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Steinberg, David A. 1980- Demanding devaluation exchange rate politics in the developing world Entwicklungsländer Politik Foreign exchange rates Political aspects China Foreign exchange rates Political aspects Developing countries Wirtschaftsentwicklung (DE-588)4066438-7 gnd Wechselkurspolitik (DE-588)4131291-0 gnd Abwertung (DE-588)4141203-5 gnd Aufwertung (DE-588)4143436-5 gnd Interessenpolitik (DE-588)4129409-9 gnd |
subject_GND | (DE-588)4066438-7 (DE-588)4131291-0 (DE-588)4141203-5 (DE-588)4143436-5 (DE-588)4129409-9 (DE-588)4078029-6 (DE-588)4009937-4 (DE-588)4039058-5 (DE-588)4027653-3 (DE-588)4002890-2 |
title | Demanding devaluation exchange rate politics in the developing world |
title_auth | Demanding devaluation exchange rate politics in the developing world |
title_exact_search | Demanding devaluation exchange rate politics in the developing world |
title_full | Demanding devaluation exchange rate politics in the developing world David A. Steinberg |
title_fullStr | Demanding devaluation exchange rate politics in the developing world David A. Steinberg |
title_full_unstemmed | Demanding devaluation exchange rate politics in the developing world David A. Steinberg |
title_short | Demanding devaluation |
title_sort | demanding devaluation exchange rate politics in the developing world |
title_sub | exchange rate politics in the developing world |
topic | Entwicklungsländer Politik Foreign exchange rates Political aspects China Foreign exchange rates Political aspects Developing countries Wirtschaftsentwicklung (DE-588)4066438-7 gnd Wechselkurspolitik (DE-588)4131291-0 gnd Abwertung (DE-588)4141203-5 gnd Aufwertung (DE-588)4143436-5 gnd Interessenpolitik (DE-588)4129409-9 gnd |
topic_facet | Entwicklungsländer Politik Foreign exchange rates Political aspects China Foreign exchange rates Political aspects Developing countries Wirtschaftsentwicklung Wechselkurspolitik Abwertung Aufwertung Interessenpolitik Südkorea China Mexiko Iran Argentinien |
url | https://doi.org/10.7591/9780801454257 |
work_keys_str_mv | AT steinbergdavida demandingdevaluationexchangeratepoliticsinthedevelopingworld |