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Intel, Motorola, IBM, Hewlett-Packard, Applied Materials, Siemens, and dozens of other global companies cautiously opened or expanded operations in Israel, drawn by its relatively low-cost, educated workers and assured of established wage contracts, predictable capital and real-estate costs, and domestic earnings that would not be devalued out of existence.
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It also includes widespread evictions, the loss of cultural institutions, and a sense of being pushed out, devalued, criminalized and threatened.
He was referring to the end of the Soviet Union in 1991 and to the financial crisis of 1998, when Russia defaulted on its debt and drastically devalued the ruble, wiping out many people's life savings.
Countries would have to nationalise their banks and re-impose capital controls to prevent currency flight, and would need to be acutely aware that the inflationary potential of a sharply devalued currency could wipe out any gains to competitiveness.
Isn't history full of countries that have devalued their way out of crisis by generating an export boom?
Even when she is willing to share herself, it turns out, she is devalued.
This results in us getting denigrated, dogged out and devalued at every turn.
When shocks from the Asian crisis pulsed through the country, and Brazil devalued the currency in 1999, plenty flocked out again.
The Chinese movie nevertheless comes out ahead in yuan because Beijing devalued its currency last month.
Somewhere along the line they were completely phased out in Egypt, or at least devalued to the point of uselessness.
So you might make profits in this casino, and you might, conceivably, be able to get them out before they are stolen or devalued.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com