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devaluations

devaluations

devaluations

devaluations

1

Leaders are trying to sort through those issues to avoid a string of currency devaluations that could stunt a global recovery .

G20 领导人将分别讨论这些问题，避免出现一系列货币贬值的行为，影响全球经济复苏。

7

Currency devaluations are the moment when protectionism gets nasty .

保护主义最严重的症状就是货币贬值。

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Indeed , as the world goes into a severe economic downturn , the threat of beggar-thy-neighbour devaluations becomes acute, as in the 1930s .

事实上，当世界走入严重的经济低迷，以邻为壑的货币贬值威胁如 1930 年代般愈发严重。

12

Eurozone members have thus been spared confronting a currency crisis and competitive devaluations as they resolve the banking crisis.

因此在解决银行业危机的同时，欧元区成员国不必应对汇率危机和货币竞争性贬值。

13

None of the industrial countries is keen to risk a round of competitive devaluations .

没有一个工业国会愿意冒一轮竞争性强的贬值。

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Devaluation , moreover, might lead to competitive devaluations by other countries and perhaps to a collapse of the world 's monetary system .

此外，法定贬值可能会引起其他国家照此行动，并可能造成国际金融体系的崩溃。

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In time, further devaluations might be needed .

最终，欧元区可能需要进一步进行贬值。

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Competitive devaluations were a double-edged sword as far as investment is concerned , Zhan said .

詹晓宁指出，从投资的角度来看，竞争性贬值是一把双刃剑。

28

and competitive devaluations and trade restrictions .

竞争性贬值和贸易限制措施。

29

However , within that big lesson is a smaller one, that devaluations cause trade tensions .

然而，这个大教训中还包含一个小教训，即货币贬值可能导致贸易紧张。

30

Everybody can't devalue at once . And competitive devaluations won't change China's behavior .

每个人不可能立即贬值本国货币，同时竞争性的货币贬值不会改变中国的行为。

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