The Liberalization of Foreign Exchange Markets and Economic Growth in Sub-Saharan Africa

N-H-I Lipumba

Research Paper from World Institute for Development Economics Research

Abstract: This paper analyses the rationale of interventions in foreign exchange markets in Sub-Saharan Africa and reviews exchange rate theory and balance of payments management and its application to African countries. It analyses the liberalization of foreign exchange markets and the impact of these markets on real exchange rates and parallel market premiums.

Keywords: EXCHANGE RATE; TRADE LIBERALIZATION (search for similar items in EconPapers)
JEL-codes: F31 (search for similar items in EconPapers)
Pages: 60 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:fth:wodeec:35

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