Europe against the people?
Efforts to save the euro cannot run against the will of the voters indefinitely. Europe has claimed the scalps of two leaders in almost as many days. First George Papandreou, the Greek prime minister, promised to resign, and then Italy’s Silvio Berlusconi did the same. Both leaders have been in trouble for some time, but […]
The relationship between exchange rates and International Trade: a review of economic literature
Auboin, Marc, Ruta, Michele. This paper surveys a wide body of economic literature on the relationship between currencies and trade. Specifically, two main issues are investigated: the impact on international trade of exchange rate volatility and of currency misalignments. Πηγή: World Trade Organization πλήρες κείμενο