Glossary Category: Macro Intervention

revaluation

Revaluation is the official and deliberate increase in the value of a country’s currency in relation to another

Devaluation is an official decision by a government to lower the value of its currency against other currencies.

A managed exchange rate, also known as a dirty float, is a system where a currency’s value is

A protectionist policy refers to government actions taken to shield local businesses from foreign competition by making it

Expenditure-reducing policies are economic strategies used to lower the total amount of money spent within a country. The

Expenditure-switching policies are economic strategies used to move spending away from foreign products toward products made within a

Exchange rate policy refers to actions taken by a government or central bank to influence the value of

Government failure in macroeconomic policies happens when government actions intended to improve the economy lead to worse outcomes

Interventionist supply-side policies are direct actions taken by the government to influence economic activity, rather than relying on

Conflicts from macroeconomic policies occur when actions taken to meet one economic goal unintentionally make it harder to