The Real Exchange Rate and Growth Revisited : The Washington Consensus Strikes Back? /

There is good reason and much evidence to suggest that the real exchange rate matters for economic growth, but why? The "Washington Consensus" (WC) view holds that real exchange rate misalignment implies macroeconomic imbalances that are themselves bad for growth. In contrast, Rodrik (2008...

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Hlavní autor: Berg, Andrew
Další autoři: Miao, Yanliang
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2010.
Edice:IMF Working Papers; Working Paper ; No. 2010/058
On-line přístup:Full text available on IMF