partial devaluation

简明释义

部分贬值

英英释义

Partial devaluation refers to a situation where a country's currency is lowered in value relative to other currencies, but not to the full extent that could be achieved through complete devaluation.

部分贬值是指一个国家的货币相对于其他货币的价值降低,但并没有达到完全贬值可能实现的程度。

例句

1.After the partial devaluation, many imported goods became more expensive.

部分贬值之后,许多进口商品变得更加昂贵。

2.A partial devaluation can lead to increased tourism as foreign visitors find it cheaper to travel.

由于外国游客发现旅行更便宜,部分贬值可能会导致旅游业增加。

3.Investors reacted negatively to the news of the partial devaluation of the national currency.

投资者对国家货币的部分贬值消息反应消极。

4.Economists predict that the partial devaluation will help stimulate economic growth.

经济学家预测,部分贬值将有助于刺激经济增长。

5.The government announced a partial devaluation of the currency to boost exports.

政府宣布对货币进行部分贬值以促进出口。

作文

In the world of economics, currency valuation plays a crucial role in determining a country’s financial health and its ability to compete in global markets. One concept that often arises in discussions about currency management is partial devaluation. This term refers to a situation where a government or central bank intentionally reduces the value of its currency, but not to the full extent that a complete devaluation would entail. Understanding partial devaluation is essential for grasping how countries navigate economic challenges and maintain competitiveness in international trade.A partial devaluation can occur for various reasons. For instance, a government might decide to implement this strategy to boost exports. By lowering the value of its currency, goods produced in that country become cheaper for foreign buyers. This can lead to an increase in demand for those goods, ultimately benefiting domestic manufacturers and boosting the economy. However, while this may seem like a straightforward solution, it is important to consider the potential downsides.One of the primary risks associated with partial devaluation is inflation. When a country devalues its currency, the cost of imported goods rises. As a result, consumers may face higher prices for everyday items, leading to a decrease in purchasing power. This situation can create a cycle of inflation that may offset any economic gains achieved through increased exports. Therefore, policymakers must carefully weigh the benefits and drawbacks of implementing a partial devaluation.Another consideration is the impact on foreign investment. Investors tend to favor stable currencies, as they provide predictability and security. A partial devaluation, while less severe than a full devaluation, can still signal instability in a country's economic environment. This perception may deter foreign investors, leading to a decrease in capital inflow. Consequently, while the intention behind a partial devaluation may be to stimulate growth, the unintended consequences could result in a net negative effect on the economy.Moreover, partial devaluation can also affect a country’s international relations. Countries that rely heavily on exports may find themselves in a competitive race to devalue their currencies. This scenario can lead to tensions between nations, as each attempts to gain an advantage over the others. Such actions can escalate into trade wars, where countries impose tariffs and other barriers in retaliation. Therefore, the implications of a partial devaluation extend beyond mere economic factors; they can also influence diplomatic relationships.In conclusion, while partial devaluation can serve as a tool for economic stimulation, it is fraught with complexities and potential pitfalls. Policymakers must approach this strategy with caution, considering both the short-term benefits and the long-term consequences. Ultimately, understanding the nuances of partial devaluation is vital for anyone interested in the intricacies of global economics and the delicate balance that governments must maintain in managing their currencies. As we continue to navigate an increasingly interconnected world, the lessons learned from partial devaluation will remain relevant for future economic policies and strategies.

在经济学的世界中,货币估值在决定一个国家的金融健康和其在全球市场竞争能力方面起着至关重要的作用。一个经常出现在关于货币管理讨论中的概念是部分贬值。这个术语指的是政府或中央银行故意降低其货币价值的情况,但并不是完全贬值所需的全部程度。理解部分贬值对于掌握各国如何应对经济挑战以及在国际贸易中保持竞争力至关重要。部分贬值可能出于多种原因。例如,政府可能决定实施这一策略以促进出口。通过降低货币的价值,该国生产的商品对外国买家变得更便宜。这可能导致对这些商品需求的增加,最终使国内制造商受益并推动经济增长。然而,尽管这看似是一个简单的解决方案,但考虑潜在的缺点是重要的。与部分贬值相关的主要风险之一是通货膨胀。当一个国家贬值其货币时,进口商品的成本会上升。因此,消费者可能面临日常商品价格上涨的情况,从而导致购买力下降。这种情况可能会形成一个通货膨胀的循环,抵消通过增加出口所取得的任何经济收益。因此,政策制定者必须仔细权衡实施部分贬值的利弊。另一个考虑因素是对外国投资的影响。投资者通常倾向于选择稳定的货币,因为它们提供了可预测性和安全性。部分贬值虽然没有完全贬值那么严重,但仍然可能表明一个国家经济环境的不稳定。这种认知可能会阻碍外国投资者的兴趣,导致资本流入的减少。因此,尽管部分贬值背后的意图可能是刺激经济增长,但其意想不到的后果可能会导致经济的净负面影响。此外,部分贬值还可能影响一个国家的国际关系。依赖出口的国家可能会发现自己在贬值货币的竞争中处于不利地位。这种情形可能导致各国之间的紧张关系,因为每个国家都试图在其他国家之上获得优势。这种行为可能升级为贸易战,各国以关税和其他障碍进行报复。因此,部分贬值的影响超出了单纯的经济因素;它们还可以影响外交关系。总之,尽管部分贬值可以作为经济刺激的工具,但它充满了复杂性和潜在的陷阱。政策制定者必须谨慎对待这一策略,考虑短期利益和长期后果。最终,理解部分贬值的细微差别对于任何对全球经济复杂性及政府在管理其货币时必须保持的微妙平衡感兴趣的人来说都是至关重要的。随着我们继续在日益互联的世界中航行,从部分贬值中吸取的教训将对未来的经济政策和战略保持相关性。

相关单词

partial

partial详解:怎么读、什么意思、用法

devaluation

devaluation详解:怎么读、什么意思、用法