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dc.contributor.authorDarvas, Zsolten_US
dc.contributor.authorPisani-Ferry, Jeanen_US
dc.description.abstractIn this paper, original written for the Economic and Monetary Affairs Committee (ECON) of the European Parliament on 30 November as part of the series entitled 'The threat of currency wars: global imbalances and their effects on currencies', Bruegel Fellows Jean Pisani-Ferry and Zsolt Darvas argue that the currency war has three manifestations: 1) the inflexible pegs of undervalued currencies; 2) attempts by floating exchange-rate countries to resist currency appreciation; 3) quantitative easing. Europe should primarily be concerned about the first issue, which relates to the renewed debate about the international monetary system.en_US
dc.publisherBruegel Brusselsen_US
dc.relation.ispartofseriesBruegel policy contribution 2010/12en_US
dc.subject.stwInternationales Währungssystemen_US
dc.titleThe threat of currency wars: a European perspectiveen_US
dc.typeWorking Paperen_US
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