call for a devaluation

USAGE SUMMARY

The phrase "call for a devaluation" is correct and usable in written English.
It can be used in economic discussions or analyses when referring to a demand or suggestion for a reduction in the value of a currency. Example: "Many economists are beginning to call for a devaluation of the national currency to boost exports."

✓ Grammatically correct

News & Media

Wiki

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Few are prepared to call for a devaluation.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

They are calling for a devaluation of the yuan.The prospect fills Asia with dread.

The Economist

Stronger exchange rates would also shift growth away from exports and boost households' real spending power by reducing the cost of imports in local currency terms.In contrast, some in China are foolishly calling for a devaluation of the yuan to support the economy.

The Economist

Bearing in mind the instability that movable currencies can create, the idea of having "enough currencies" is ridiculous (which is why Texas, however far the price of oil drops, will never demand its own currency; likewise Yorkshire, even though the decline of the coal industry may have called for a devaluation).

The Economist

Some critics have called for a currency devaluation, but government officials have warned that such a move would bankrupt much of the private sector, which has $20 billion in foreign debt, and cause more unemployment.

The New York Times

The UK's financial position, regardless of the vote for Brexit, was screaming out for a devaluation.

The Guardian - Business

Call for a ride.

WikiHow

Call for an ambulance.

WikiHow

Since around the time of Mr. Mubarak's ouster, business people and economists have been calling increasingly loudly for a managed devaluation — something the central bank and the government resisted until this week.

The New York Times

Usually scrip loses value over time in what some economists call a "backdoor devaluation".

The New York Times

Rather than let the currency decline, the government has chosen what it calls an "internal devaluation," in which wages are forced downward to restore the economy's equilibrium.

The New York Times

Expert writing Tips

Best practice

When writing about economic policy, be specific about who is making the "call for a devaluation". Is it economists, politicians, or a specific organization? Providing context adds credibility.

Common error

Avoid implying that a "call for a devaluation" automatically leads to economic recovery. Devaluation is just one tool, and its success depends on various other economic factors and policies.

Linguistic Context

The phrase "call for a devaluation" functions as a verb phrase indicating a public advocacy or demand for a specific economic action. This is evidenced by Ludwig's examples, which show the phrase used in contexts where economists or critics are urging a government or central bank to devalue a currency.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Wiki

25%

Science

25%

Less common in

Formal & Business

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "call for a devaluation" is a phrase used to express the act of publicly advocating or recommending a currency devaluation, primarily within economic and political contexts. As Ludwig AI highlights, the phrase is grammatically correct and frequently appears in news media and economic analyses. While not extremely common, the phrase is well-understood and carries a neutral-to-professional tone. When using this phrase, it's essential to provide specific context regarding who is advocating for the devaluation and the reasoning behind it. Be aware of potential errors like implying a direct causal relationship between devaluation and economic recovery.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

advocate currency depreciation

Focuses on the active support for devaluation, replacing "call for" with a direct advocacy verb.

urge a currency devaluation

Emphasizes the intensity of the request or recommendation for devaluation.

recommend a devaluation

Presents devaluation as a suggested course of action, less forceful than "call for".

suggest a currency adjustment

Replaces "devaluation" with a broader term, implying a change in currency value without specifying direction.

press for a weaker currency

Highlights the desired outcome of devaluation, a less valuable currency.

demand a reduction in currency value

Expresses a strong requirement for devaluation, focusing on the intended result.

argue for a currency markdown

Presents a reasoned case for devaluation, using a less common term for currency depreciation.

support a currency realignment

Indicates backing for a change in currency value, suggesting a broader economic adjustment.

favor a currency weakening

Expresses preference for a devaluation, highlighting the effect on currency strength.

insist on currency devaluation

Stresses the firmness and persistence of the demand for devaluation.

FAQs

How is "call for a devaluation" used in economics?

In economics, "call for a devaluation" typically refers to advocating or recommending the deliberate lowering of a currency's value, often to boost exports or correct economic imbalances. It's frequently part of discussions on monetary policy.

What are some alternatives to saying "call for a devaluation"?

You can use alternatives like "advocate currency depreciation", "urge a currency devaluation", or "recommend a devaluation" depending on the specific nuance you want to convey.

What does it mean when economists "call for a devaluation"?

When economists "call for a devaluation", they are suggesting that reducing the value of a currency could help improve a country's trade balance, make its exports more competitive, and stimulate economic growth. However, it can also lead to increased import costs and inflation.

Is there a difference between "call for a devaluation" and "demand a devaluation"?

"Call for a devaluation" is generally a more neutral expression, simply indicating a recommendation. "Demand a devaluation" implies a stronger, more forceful request, often suggesting that devaluation is necessary or urgent. The choice depends on the context and the strength of the advocacy.