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2011 | 7 | 1 | 8-11
Article title

Devaluation as the instrument for recession overcoming in Bosnia and Herzegovina

Authors
Content
Title variants
Languages of publication
EN
Abstracts
EN
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 impossible the devaluation implementation as the measure for foreign trade deficit or recession overcoming in many countries. This paper discusses on positive and negative effects of devaluation in the case of Bosnia and Herzegovina economy.
Year
Volume
7
Issue
1
Pages
8-11
Physical description
Dates
published
2011-01-16
Contributors
author
  • Faculty of Economics, University of Mostar, Bosnia and Herzegovina
  • Prague Development Center, Czech Republic
References
  • Appleyard, D., Field, A., Cobb, S., 2008. International Economics, 6th edition, McGraw-Hill/Irwin.
  • Krugman, P. and Obstfeld, M., 2006. International economics: Theory and policy, 7th edition, Addison Wesley.
  • Mishkin, S., 2003. The economics of money, banking and financial markets, 6th edition update, Addison Wesley, Boston.
Document Type
Publication order reference
YADDA identifier
bwmeta1.element.cejsh-d00688e5-079f-4ad1-b9eb-a648eb144aad
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