But the immediate effect was mitigated to some extent by a sharp depreciation of almost all the currencies caused by the capital outflows.

Other models have large quarterly shocks to the depreciation rate in the capital stock (in order to generate high asset price volatilities)...

Its purpose is not to encourage the depreciation of the yen, despite complaints about the yen s depreciation.

China s Daring Depreciation

Global capital markets would recognize that a country with high unemployment might choose to pursue an inflationary policy or a policy or exchange rate depreciation.

Just as a firm needs to measure the depreciation of its capital, so, too, our national accounts need to reflect the depletion of natural resources and the degradation of our environment.

And that means further depreciation of the dollar.

The extent of creditor countries losses would depend on the extent of the depreciation, giving them an interest in keeping the depreciation within bounds.

This follows the World Bank depreciation assumption for an estimated capital stock of 11.21 billion in 1998 World Bank (May 2003), Twenty seven months Intifada, closures and Palestinian economic crisis An assessment , p. 19.

Restoring sustained growth requires real currency depreciation.

Dollar depreciation improves Europe s terms of trade and real income.

Meanwhile, the dollar s depreciation in anticipation of further quantitative easing has caused East Asian central banks to step up their purchases of dollars and impose controls on capital inflows, in order to prevent their currencies from appreciating.

But all of the options that might restore competitiveness require real currency depreciation.

In principle, such a depreciation against all of the world s currencies is manageable.

Depreciation is used to record the declining value of buildings and equipment over time.

So we expect a substantial depreciation premium on US interest rates.

The depreciation expenses have gone up to 2.02 million against the budgeted amount of 0.9 million. The circumstances under which the depreciation expenses increased by 100 percent could not be satisfactorily explained to the Panel.

Any good measure of how well we are doing must also take account of sustainability. Just as a firm needs to measure the depreciation of its capital, so, too, our national accounts need to reflect the depletion of natural resources and the degradation of our environment.

The depreciation that followed the crisis helped accelerate recovery by boosting exports.

First, it contributes to yen depreciation and dollar appreciation as carry traders switch out of yen.

Depreciation is computed using the straight line method over the estimated useful life of the asset.

The key is to reflect on six kinds of capital goods business capital, infrastructure, human capital, intellectual capital, natural capital, and social capital.

Simply put, there must be dollar depreciation to keep global imbalances in check.

A 20 dollar depreciation would therefore reduce Americans purchasing power by only 3 .

Corporate retained earnings have averaged about 3 of GDP after allowing for depreciation of existing plant and equipment.

But, in the absence of complementary action, depreciation whether engineered or market driven will make matters worse.

The sharp depreciation of the euro after the crisis helped sustain German exports, thereby keeping the eurozone afloat.

To maintain growth, they need a nominal and real depreciation of their currency to reduce their trade deficits.

In fact, Brazilians purchasing power could shrink further, owing to the depreciation of the real against the dollar.

Chile made its transition to high growth in the 1980 s on the back of a large depreciation.

When the bubble bursts, the afflicted country can restore competitiveness only through a painful process of real depreciation.

With China retaining its under valued currency policy, dollar depreciation can aggravate global deflationary forces.

The attempt to achieve them is bound to lead to competitive currency depreciation and protectionism.

This could and should be accompanied by an overall depreciation of the euro, though that would be no panacea.

Only a return to a national currency and a sharp depreciation of that currency can restore competitiveness and growth.

Moreover, manipulation of official statistics highlights the problems of an economic model based on peso depreciation and the accumulation of reserves.

But the euro s depreciation is too recent to have made much difference yet. Historical evidence, not to mention Japan s experience with a falling yen, suggests that it takes several quarters, or even years, before the positive impact of currency depreciation on net exports is felt.

A return to a national currency and a sharp depreciation would quickly restore competitiveness and growth.

The yen s depreciation versus the dollar has contributed to continuing large US trade deficits with Japan.

In addition, low volatility of inflation relative to the volatility of RER depreciation may be needed to lead to de dollarization.

Efratti of From Nation's Capital to Nation's Capital adds

In fact, both the deliverable and non deliverable forward rates anticipate one year renminbi depreciation of 2.35 and 1.75 , respectively.

When this pattern is combined with the depreciation of the new Israeli shekel (NIS) in 2003 and then its appreciation in 2004, it is clear that while the Palestinian trade balance does not benefit from the depreciation of the Israeli currency, it suffers the full negative impact of currency appreciation.

Its capital, Belgrade, was also the federal capital of Yugoslavia.

There are three options for restoring competitiveness within the eurozone, all requiring a real depreciation and none of which is viable