Effects of exchange rate changes in developing countries (English)

This paper sets out to examine the economic effects of exchange rate changes in developing countries by the use of alternative definitions of the real exchange rate. The evidence presented in the paper shows that devaluation generally improves the balance of trade in developing countries within a year and it is followed, on the whole, by increases in output. The paper further indicates the superiority of a devaluation in the event of an unsustainable...

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Author

Balassa,Bela;
Document Date
1987/05/01
Document Type
Departmental Working Paper
Report Number
DRD291
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2013/06/10
Disclosure Status
Disclosed
Doc Name
Effects of exchange rate changes in developing countries
Keywords
real exchange rate

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Citation

Balassa,Bela.

Effects of exchange rate changes in developing countries (English). Development Research Department discussion paper ; no. DRD 291 Washington DC : World Bank. http://documents.worldbank.org/curated/en/418791468152721337

Effects of exchange rate changes in developing countries (English)

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