Fauri, Riccardo; Melop, Jaime de.

Adjustment, investment, and the real exchange rate in developing countries. - Washington : World Bank, 1990.

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


Economic development.
Structural Adjustment -- Investments -- Exchange Rate//Developing countries/.--Structural Adjustment -- Investments -- Exchange Rate//Developing countries/.--Structural Adjustment -- Investments -- Exchange Rate//Developing countries/.