Currency Stabilization

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

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).

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Keeping in view these factors, the Prime Minister directed to pass on the benefits of currency stabilization to common man.
dollar and sales of currency stabilization bonds, the central bank said Friday.
In the interim, the Bank of Korea's currency stabilization bonds will be used as the benchmark bond rate.
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.
As if to underscore the differences, remarks by European Central Bank (ECB) President Jean-Claude Trichet about currency stabilization met a response from U.S.
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.
While in England, he congratulated himself for "all the things we did [such as] global debt relief." 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.(44) The execution of such policies by the Hariri governments broadened the socioeconomic gap and increased poverty vis-a-vis the prewar period.(45)
Though the prospects for an Asia-led world recession have lessened this fall in the wake of massive U.S.-led currency stabilization efforts, the fallout from this economic morass continues, spurring high levels of selected home furnishing textile imports.
With the currency stabilization in Brazil through the last four years, the country has experienced nonwovens production growth of slightly less than 5% on average since 1994.
The author postulates that currency stabilization constituted an option in 1920 that was not followed.