Reserve currency devaluation and its impact on the global economy

Halushka Olena Mykhaylivna
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Halushka Olena Mykhaylivna: Taras Shevchenko National University of Kyiv

European journal of economics and management sciences, 2015, issue 3, 38-42

Abstract: The goal of this research is to analyze the preconditions and consequences of the change of exchange rate of national currencies of the USA, Japan, EU, and China which occurred after the global financial crisis. The impact of competitive devaluation of reserve currencies on the small economies and the entire global economy is assessed in this paper.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:scn:032479:15910947

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