Contractionary Devaluation in Developing Countries : An Analytic Overview.

This paper evaluates the growing literature on whether devaluation has contractionary effects on output in developing countries. It explores the nature of the links between the exchange rate and real output within a unified, fairly general analytical framework which incorporates a number of the deve...

সম্পূর্ণ বিবরণ

গ্রন্থ-পঞ্জীর বিবরন
সংস্থা লেখক: International Monetary Fund
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 1988.
মালা:IMF Working Papers; Working Paper ; No. 1988/051
অনলাইন ব্যবহার করুন:Full text available on IMF
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245 1 0 |a Contractionary Devaluation in Developing Countries :   |b An Analytic Overview. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1988. 
300 |a 1 online resource (56 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 This paper evaluates the growing literature on whether devaluation has contractionary effects on output in developing countries. It explores the nature of the links between the exchange rate and real output within a unified, fairly general analytical framework which incorporates a number of the developing-country features cited in this literature. The analysis suggests that many of the arguments on both sides of the contractionary devaluation debate require modification and that a number of potential effects have been ignored. It is concluded that the direction of the impact effects of devaluation on real output is ambiguous on analytical grounds. MASTER FILES ROOM C-130 001. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1988/051 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1988/051/001.1988.issue-051-en.xml  |z IMF e-Library