The Effects of Devaluation: A Review of Theory

Fidelina Natividad-Carlos

No 199108, UP School of Economics Discussion Papers from University of the Philippines School of Economics

Abstract: This paper reviews the literature on the theory of devaluation. The various approaches to the analysis of devaluation that are discussed in the paper are complementary and represent different views of the same phenomenon. Thus, in analyzing the effects of devaluation, one must use a combination of several approaches. In addition, one must take into account the issues pertaining to the distributional effects, the pessimistic consequences, and the effectiveness of devaluation.

Date: 1991-07
References: Add references at CitEc
Citations:

Published as UPSE Discussion Paper No. 1991-08, July 1991

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:phs:dpaper:199108

Access Statistics for this paper

More papers in UP School of Economics Discussion Papers from University of the Philippines School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by RT Campos ().