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Why a Weaker Dollar Might Be Good for Emerging Markets?

Summary:
[unable to retrieve full-text content]There is currently a convergence of views that the US current account deficits and insufficient domestic savings tend to slide down the relative value of the dollar. Four “channels of dollar transmission” point to such a dollar devaluation as financially benefitting emerging market economies.

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There is currently a convergence of views that the US current account deficits and insufficient domestic savings tend to slide down the relative value of the dollar. Four “channels of dollar transmission” point to such a dollar devaluation as financially benefitting emerging market economies.
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