Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy?

Ridha Nouira, Patrick Plane () and Khalid Sekkat
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Ridha Nouira: Université de Sfax - University of Sfax
Patrick Plane: CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique

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Abstract: Recent literature suggests that a proactive exchange rate policy in accordance with price incentives (i.e. undervaluation) can foster manufactured exports and growth. This paper is built on these recent developments and investigates, using a sample of 52 developing countries, whether such a proactive exchange rate policy is adopted. The results show that during the period 1991-2005 a number of countries has used undervaluation to foster the price competitiveness of manufactured exports.

Keywords: Exchange rate; Exports diversification; Undervaluation; Misalignment (search for similar items in EconPapers)
Date: 2011-08-29
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00617573
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Citations: View citations in EconPapers (11)

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Related works:
Journal Article: Exchange rate undervaluation and manufactured exports: A deliberate strategy? (2011)
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2011)
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2011)
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2011)
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2010)
Working Paper: Exchange Rate Undervaluation And Manufactured Exports: A Deliberate Strategy? (2010)
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