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An explicit UK policy for a lower exchange rate will not boost economic growth as some have suggested

Booth, Philip (2012) An explicit UK policy for a lower exchange rate will not boost economic growth as some have suggested. British Politics and Policy at LSE (27 Apr 2012) Blog Entry.

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Abstract

Philip Booth argues that lower exchange rates is not the solution for the problem of stimulating economic growth in the UK. It is real exchange rates that determine the cost of exports and imports relative to alternatives, and, since the UK can only control nominal rather than real exchange rates, there is not much by way of policy that can actually be done in this respect.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2012 The Author
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
Sets: Collections > British Politics and Policy at LSE
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 24 May 2012 08:49
URL: http://eprints.lse.ac.uk/43953/

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