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And the depreciations themselves will give a boost to their export sectors, albeit on a lag.
Differential exchange rates are sometimes used to extract revenues from export sectors.
Investment in export sectors, in particular, may simply have shifted to China.
"It shouldn't be seen as sufficient to diversify the economy or replace declining export sectors," he said.
Other countries are trying to follow its example, using their export sectors as the engine of recovery.
The pain caused by the falling dollar on the export sectors of many economies is real enough.
There were outright job losses in some parts of countries' economies, such as export sectors and mining.
Joblessness in large export sectors (consumer goods, electronics, and so on) does not seem to bother the leaders unduly.
It would have to encourage spending at home, to help the export sectors of weaker countries in the euro area.
Academic assessments concur that the deal currently on the table will mostly benefit the world's richest countries, as well as certain export sectors in powerful developing countries.
It would be nice if British exports increased, but our leading export sectors – financial services and education, say – are stymied by the restrictive nature of the regime.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com