2008Future and DevelopmentRequires access

Dollar Depreciation:Cause,Effects and Future Trends

Yanhui Gao

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Abstract

Dollar depreciation,for the most part ,is attributed to the dollar's no simultaneous adjustment to the changes in the currencies of major economies and the government's differentu path seleceion.As for different economies, obviously,dollar depreciation has both positive and negative cffects.As a result,the governments of different countries hold different stances.Although,generally speaking,the gradual depreciation of is favorable for the global economy to achieve equilbruim,excessively rapid pace may break international economic equilibrium.Therefore,dollar'further depreciation would be limited.The dollar crsis is nothing but a peudo-prposition.

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Dollar depreciation,for the most part ,is attributed to the dollar's no simultaneous adjustment to the changes in the currencies of major economies and the government's differentu path seleceion.As for different economies, obviously,dollar depreciation has both positive and negative cffects.As a result,the governments of different countries hold different stances.Although,generally speaking,the gradual depreciation of is favorable for the global economy to achieve equilbruim,excessively rapid pace may break international economic equilibrium.Therefore,dollar'further depreciation would be limited.The dollar crsis is nothing but a peudo-prposition.

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Available abstract

Dollar depreciation,for the most part ,is attributed to the dollar's no simultaneous adjustment to the changes in the currencies of major economies and the government's differentu path seleceion.As for different economies, obviously,dollar depreciation has both positive and negative cffects.As a result,the governments of different countries hold different stances.Although,generally speaking,the gradual depreciation of is favorable for the global economy to achieve equilbruim,excessively rapid pace may break international economic equilibrium.Therefore,dollar'further depreciation would be limited.The dollar crsis is nothing but a peudo-prposition.

Key concepts: Liberian dollar, Depreciation (economics), Economics, Pace, Consumption of fixed capital, Monetary economics, Us dollar, U.S. Dollar Index

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