Scotland’s Currency Options
HOP 101. Jeremy Peat
What are the options for Scotland with regard to currency in the event of a “yes” vote in the September 2014 referendum?
HOP 101. Scotland’s Currency Options
Jeremy Peat
A paper setting out the options for Scotland with regard to currency in the event of a “yes” vote in the September 2014 referendum.
What to do about the over-valued dollar
HOP 1. Ronald McKinnon
In 1985 the US dollar was over-valued by as much as 30 to 40 percent when measured against European currencies and about 20 percent against the Japanese yen. This imposed undue competitive pressure and great distress across a broad spectrum of American farming, mining and manufacturing activities and pressure to restrict imports is rapidly increasing.
HOP 1. What to do about the over-valued dollar
Ronald McKinnon
In 1985 the US dollar was over-valued by as much as 30 to 40 percent when measured against European currencies and about 20 percent against the Japanese yen. This imposed undue competitive pressure and great distress across a broad spectrum of American farming, mining and manufacturing activities and pressure to restrict imports is rapidly increasing. Professor McKinnon explores what can be done about it.