Robert Mundell News
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The European Central Bank worsened the crisis in the region’s most indebted nations by tolerating the euro’s appreciation against the dollar, according to Nobel- prize winning economist Robert Mundell.
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Federal Reserve debt purchases to stimulate the U.S. economy may send the euro rising against the dollar, sparking deflation in Europe, said Nobel Prize-winning economist Robert Mundell .
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Serbia should work to cut the government’s spending gap, boost output and fix the dinar to the euro to stabilize it before discussing whether it joins the euro region once it becomes a European Union member, said Robert Mundell, a Nobel-prize winning economist.
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Nobel Prize-winning economist Robert Mundell said debt restructuring may be “inevitable” for one or two countries that share Europe’s common currency in the next five years.
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Nobel Prize-winning economist Robert Mundell said the euro will survive economic upheaval in Europe and defy critics, the Financial Post reported.
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Nobel-Prize winning economist Robert Mundell said U.S. legislation to press China to raise the value of the yuan would be a “disaster” and fail to narrow the trade deficit between the two nations.
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Strengthening the yuan to tame inflation in China is “not necessarily a good recommendation,” said Robert Mundell , the Nobel-prize winning economist.
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Robert Mundell , the Nobel Prize- winning economist, signaled that China’s pledge to return to a more flexible exchange-rate policy may erode stability in the global and Chinese economies.
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Nobel Laureate Robert Mundell expressed reservation today about last week’s decision to raise interest rates in the euro zone announced by Jean-Claude Trichet , president of the European Central Bank.
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Nobel-prize winning economist Robert Mundell, whose research contributed to creation of the euro, said the European Central Bank should ease monetary policy.
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