Currency War or International Policy Coordination.pdfVIP

Currency War or International Policy Coordination? Barry Eichengreen University of California, Berkeley January 2013 1. Introduction “Currency war” is a meme that will not go away. The term was coined by Brazilian finance Minister Guido Mantega in September 2010 in response to quantitative easing in the United States. Mantega’s implied criticism was that the unconventional monetary policies of the Federal Rese