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Preventing a Currency War
Although worries about the war have recently been alleviated, as G20 financial officials vowed to "refrain from competitive devaluation of currencies" at their meeting in South Korea, more than just words and promises are necessary to avert a currency showdown
Battling Over Currencies

The world economy is at a crossroad where all countries are trying to keep their currencies competitive to spur exports. Already, the scenario bears a striking resemblance to the currency war in the 1930s following the Great Depression—and that currency war only managed to push the world deeper into recession. A currency war, if breaks out now, is likely to play out the same way

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In Depth
Gaining a Bigger Say
The recent hike in China's IMF quota means its international voice will increase
- IMF Quotas
A member's quota determines its maximum financial commitment to the IMF and its voting power, and has a bearing on its access to IMF financing
G20 Won't Allow Currency War
IMF Official: No Global Currency War
IMF: Asia's Outlook Remains Positive
U.S. Delays Currencies Report
China-U.S. Currency Dispute
UN: Currency War a Double-Edged Sword
Web Exclusive  
- Economist: Yuan Is Not Undervalued
All the accusations that the renminbi’s exchange rate has been manipulated to stay at a low level and keeps going down are totally groundless and untrue
- A Battle for Votes
The strength of emerging economies has prompted redistribution of voting shares in the International Monetary Fund
- The Dangers of Debt-Driven Economic Growth
China should guard against economic growth driven by raising leverage
Developed countries' low interest policies
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- Global Economic Prospects
- Questioning China's World 'Duties'
- G20 Pools Ideas in Toronto
- China's Currency Dispute
- Coping With the World Financial Crisis
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