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A general equilibrium analysis of foreign exchange shortages in a developing economy.

By: Dervis, Kemal; Melo, Jaime de.
Material type: materialTypeLabelBookSeries: World Bank Reprint series; No. 248. Publisher: Washington : World Bank, 1981Subject(s): Foreign exchange | Foreign exchange control -- Developing countries. -- Foreign exchange control -- Developing countriesSummary: The paper re-examines the foreign exchange gap issue and the debate between structuralists and neo-classists by providing quantitative assessment of the role of different assumptions about the value of trade elasticities.
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The paper re-examines the foreign exchange gap issue and the debate between structuralists and neo-classists by providing quantitative assessment of the role of different assumptions about the value of trade elasticities.

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