Adjustment, Investment and the Real Exchange Rate in Developing Countries

Riccardo Faini and Jaime de Melo

Chapter 6 in Developing Countries in the World Economy, 2015, pp 137-165 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionThe controversyExternal adjustment and the real exchange rateInvestment, the real exchange rate and the debt overhangLooking aheadAppendix A: forward-looking model of investment

Keywords: Trade Barriers and Market Structure; Quantitative Restrictions; Political Economy and Migration; Trade and the Environment (search for similar items in EconPapers)
Date: 2015
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Working Paper: Adjustment, investment, and the real exchange rate in developing countries (1990)
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