Results (
English) 1:
[Copy]Copied!
But, the benefits that lower policy rates to bring the economy of Japan or the EU major quite a lot. The local currency falling prices can stimulate inflation caused by rising prices of imported products, it is necessary for the economy are faced with the risk of deflation as Japan or the EU. In addition, a weak currency also has the effect of temporarily prevented the trend to shift production facilities abroad to come to the market at a cheaper cost of domestic firms, thereby reducing unemployment status and power produced in the domestic economy. Of course, the effect of this policy is to not have to depend on the ingenuity of the Government in running the economy. Japan has followed the above policies as part of the Abenomics program during the past 3 years but has yet to achieve significant success; the same thing also happened with the EU, while the euro has lost about 30 percent in value compared with the dollar since the year 2011 to date that the economy of the European Union does not yet quite more khẩm.
Being translated, please wait..
