The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa is popular PDF and ePub book, written by Ms.Janet Gale Stotsky in 2012-06-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa can be Read Online from any device for your convenience.
The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa Book PDF Summary
This study examines the relationship between the foreign exchange regime and macroeconomic performance in Eastern Africa. The study focuses on seven countries, five of which decisively liberalized their foreign exchange regimes. The study assesses the relationship between (i) growth and various determinants, including the exchange regime, the real exchange rate, and current account liberalization; and (ii) inflation and various determinants, including lagged inflation, the nominal exchange rate, the exchange regime, and liberalization. We find that in our sample, for the determinants of growth, investment and the real exchange rate are significant determinants but not the exchange regime or liberalization; and for inflation, the lagged inflation rate, nominal exchange rate, and the de facto regime are significant. Exchange rate pass-through is limited.
Detail Book of The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa PDF
- Author : Ms.Janet Gale Stotsky
- Release : 01 June 2012
- Publisher : International Monetary Fund
- ISBN : 9781475504170
- Genre : Business & Economics
- Total Page : 54 pages
- Language : English
- PDF File Size : 13,9 Mb
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