Devaluation, Relative Prices, and International Trade : Evidence From Developing Countries /

Devaluation is an integral part of adjustment in many developing countries, particularly relied upon by countries facing large external imbalances. A devaluation can only reduce trade imbalances if it translates to a real devaluation and if trade flows respond to relative prices in a significant and...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Reinhart, Carmen
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1994.
سلاسل:IMF Working Papers; Working Paper ; No. 1994/140
الوصول للمادة أونلاين:Full text available on IMF
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245 1 0 |a Devaluation, Relative Prices, and International Trade :   |b Evidence From Developing Countries /  |c Carmen Reinhart. 
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300 |a 1 online resource (30 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Devaluation is an integral part of adjustment in many developing countries, particularly relied upon by countries facing large external imbalances. A devaluation can only reduce trade imbalances if it translates to a real devaluation and if trade flows respond to relative prices in a significant and predictable manner. However, a recent strand in the empirical trade literature has questioned the existence of a stable relationship between trade flows and its traditional determinants. This paper re-examines the relationship between relative prices and imports and exports in a sample of 12 developing countries. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1994/140 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1994/140/001.1994.issue-140-en.xml  |z IMF e-Library