The Consequences of Policy Uncertainty : Disconnects and Dilutions in the South African Real Effective Exchange Rate-Export Relationship /

In recent years, the link between the real effective exchange rate (REER) and exports in South Africa has weakened. While exports still rise in response to REER depreciations, the REER-export elasticity is below historical estimates. The literature has put forward a number of possible explanations,...

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Dettagli Bibliografici
Autore principale: Hlatshwayo, Sandile
Altri autori: Saxegaard, Magnus
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/113
Accesso online:Full text available on IMF