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Why the Dollar Needs to Fall Further

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  • Robert Blecker

Abstract

The author presents a comprehensive analysis of why the U.S. dollar is still too high. A lower dollar, he argues, is vital to sustain future growth. He believes a coordinated policy, led by the U.S. Treasury and the Federal Reserve, is required to bring the dollar down. Pressure must also be placed on Asian states to restrain them from keeping the value of their currencies so low.

Suggested Citation

  • Robert Blecker, 2003. "Why the Dollar Needs to Fall Further," Challenge, Taylor & Francis Journals, vol. 46(5), pages 15-36.
    • Handle: RePEc:mes:challe:v:46:y:2003:i:5:p:15-36
    DOI: 10.1080/05775132.2003.11034220
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    Cited by:

    1. Mark Setterfield & Selen Ozcelik, 2017. "Is the balance of payments constrained growth rate time-varying? Exchange rate over valuation, policy-induced recessions, deindustrialization, and long run growth," Working Papers 1726, New School for Social Research, Department of Economics.
    2. Robert A. Blecker, 2006. "Macroeconomic and Structural Constraints on Export-Led Growth in Mexico," Working Papers 2006-05, American University, Department of Economics.

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