Real Exchange Rate Policies for Economic Development
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TLDR
The authors analyzes the role of real exchange rate (RER) policies in promoting economic development and shows that a stable and competitive RER policy may correct for this externality and other related market failures.About:
This article is published in World Development.The article was published on 2018-10-01 and is currently open access. It has received 110 citations till now. The article focuses on the topics: Exchange rate & Foreign exchange market.read more
Citations
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Using Natural Resources for Development: Why Has It Proven So Difficult?
TL;DR: The challenges that are faced in successfully managing resource wealth, the evidence on country performance, and the reasons for disappointing results are reviewed in this article, with some successes (such as Botswana and Malaysia) and more failures.
Book ChapterDOI
Modeling Russian Industrial, Tech, and Financial Cooperation with the Asia-Pacific Region
TL;DR: In this article, the authors use several complex methods of economic and mathematical modeling to analyze specific features of such cooperation and determine critical factors in industrial, technological, and financial development in the Asia-pacific region.
Journal ArticleDOI
Challenges of plastic waste generation and management in sub-Saharan Africa: A review
Olusola Olaitan Ayeleru,Sisanda Dlova,Ojo Jeremiah Akinribide,Freeman Ntuli,Williams Kehinde Kupolati,Paula Facal Marina,Anton Blencowe,Peter Apata Olubambi +7 more
TL;DR: An overview of the plastic lifecycle and problems associated with plastic waste management in sub-Saharan Africa, including current practices, public participation and opinion, and government regulations is provided.
Journal ArticleDOI
Does real exchange rate undervaluation really promote economic growth
TL;DR: In this paper, the authors assess the empirical literature on real exchange rate misalignment and growth in light of the extensive discussion about the relationship between income distribution and economic growth in developing economies.
Journal ArticleDOI
Analysis of the influence of international benchmark oil price on China’s real exchange rate forecasting
TL;DR: The bivariate model has excellent forecasting performance, and indicates that the continuous fluctuations in oil prices have a great impact on the exchange rate, and that oil price information has provided effective help for China’s real exchange rate forecasting.
References
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Book
Manias, Panics, and Crashes: A History of Financial Crises
TL;DR: In this article, the authors discuss the history of the financial crisis and its role in economic and monetary instability, including speculative manias, economic booms, and international contagion, and the international lender of last resort.
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Prices vs. Quantities
TL;DR: In this article, the authors consider the problem of central control in a large economic organization, where the basic operating rules from the centre take the form of quotas, targets, or commands to produce a certain level of output.
Journal ArticleDOI
The Real Exchange Rate and Economic Growth
TL;DR: In this article, the authors show that undervaluation of the currency (a high real exchange rate) stimulates economic growth, particularly for developing countries, and they present two categories of explanations for why this may be so, the first focusing on institutional weaknesses, and the second on product market failures.
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One Economics, Many Recipes: Globalization, Institutions, and Economic Growth
TL;DR: In this article, the authors present a practical approach to growth strategies for the twenty-first century and discuss the role of institutions for high-quality growth in economic growth and global governance of trade as if development really mattered.
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Effects of Financial Globalization on Developing Countries: Some Empirical Evidence
TL;DR: The recent wave of financial globalization since the mid-1980s has been marked by a surge in capital flows among industrial countries and, more notably, between industrial and developing countries as discussed by the authors.