Project Syndicate
May 25, 2022
HKS Authors
See citation below for complete author information.
James W. Harpel Professor of Capital Formation and Growth
Abstract
With elevated global inflation likely to persist for some time, the prospect of competitive exchange-rate appreciations is looming larger. Instead of a race to the bottom in the currency market, there may be a scramble to the top – and poorer countries will likely suffer the most.
Citation
Frankel, Jeffrey A. "Get Ready for Reverse Currency Wars." Project Syndicate, May 25, 2022.