Jim Whitney
Economics 311
Wednesday, April 25, 2012
Devaluation Case Studies
Mexican devaluations: 1976 and 1983
Year
Balance of payments
($ billion)
1976
-0.9
Devaluation: 9/76
1977
+0.6
1978
+0.4
1979
+0.3
1980
+1.0
1981
+1.1
1982
-4.8
Devaluation: 11/82
1983
+3.2
British Devaluation: 1967
Year
Balance of Payments
($ billion)
1967
-0.9
Devaluation: 11/67
1968
-3.0
1969
+1.0
1970
+3.0
1971
+6.5
