Currency Stabilization

Currency Stabilization

 

a state’s regulation of monetary circulation, accomplished through measures such as devaluation, currency conversion, deflation, annulment of currency, and revaluation. Currency stabilization is at best temporary and partial in conditions of the general crisis of capitalism, when the monetary systems of the capitalist countries are in constant crisis, the gold standard in collapse, inflationary paper-currency circulation on the rise, and domestic circulation and international payments in profound disorder (seeCURRENCY REFORMS).

References in periodicals archive ?
Keeping in view these factors, the Prime Minister directed to pass on the benefits of currency stabilization to common man.
Monetary experts argued that an agreement on currency stabilization would be highly desirable, but that it required a prior agreement on the dismantling of trade barriers - all the high tariffs and quotas that had been introduced in the course of the depression.
Monetary experts argued that an agreement on currency stabilization would be highly desirable, but that it required a prior agreement on the dismantling of trade barriers -- all the high tariffs and quotas that had been introduced in the course of the depression.
Over the past several years, however, the Mexican economy has undergone a number of important structural improvements, including currency stabilization and banking reform.
As if to underscore the differences, remarks by European Central Bank (ECB) President Jean-Claude Trichet about currency stabilization met a response from U.
Although the uninitiated may find the minutiae of monetary policy, the intricate analysis of currency stabilization and the technicalities of central banking somewhat taxing, knowledgeable readers will appreciate Moure's painstaking efforts to construct his study on the firmest possible ground.
Of course, he didn't mention skirting Congress to transfer $20 billion from the Treasury Department's Currency Stabilization Fund to Mexico.
The G-7 aims to reach some agreement on a new currency stabilization framework when its top leaders hold an annual summit in Cologne, Germany, in June.
The state assumes instead that its focus on currency stabilization and infrastructure projects will ultimately lead to a decrease in poverty.
Among the many factors that contributed to the growth of exports in 1997, mainly to the Mercosul area and South America, are hygiene market expansion, lower duties and Brazilian currency stabilization.
But with the new economic policies instituted by Mexico's government, including a vital currency stabilization plan, "business has increased spectacularly since September and is rapidly approaching the same (pre-economic crisis) levels of 1994," Brenna said.
3 billion for the International Monetary Fund, up to $3 billion for an international currency stabilization fund, $417 million in bilateral aid, $650 million in defense funds, $100 million in security assistance.