coordinated effort to deflate the dollar seems appealing again, baker institute expert says /

HOUSTON – (Sept. 30,2015) – The substantial run-up in the dollar over the past year has created tensions approximately competitive devaluations, and growing trade imbalances lurk around the corner, or according to Russell Green,an economist at Rice Universitys Baker Institute for Public Policy. The coordinated effort to deflate the dollar that resulted from the 1985 Plaza Accord among the world’s main Western economies seems appealing again, Green said.

Source: rice.edu