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Adjustment, Investment, and the Real Exchange rate in Developing countries.

By:

Fairi, Riccardo; Melo, Jaime de

Material type:

TextPublication details: Washington : World Bank, 1990.Subject(s):

Economic development
Adjustment -- Investment -- Exchange rate -- Developing countries/. -- Adjustment -- Investment -- Exchange rate -- Developing countries/. -- Adjustment -- Investment -- Exchange rate -- Developing countries/. -- Adjustment -- Investment -- Exchange rate -- Developing countries

Summary: This review of adjustment experience suggests that sharp devaluation of the exchange rate is probably ineffective in countries exporting primary goods.

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This review of adjustment experience suggests that sharp devaluation of the exchange rate is probably ineffective in countries exporting primary goods.

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