Adjustment, Investment, and the Real Exchange rate in Developing countries.
By: Fairi, Riccardo; Melo, Jaime de.
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BookPublisher: Washington : World Bank, 1990Subject(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 countriesSummary: 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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