Add to ORKGRecent literature suggests that a proactive strategy consisting of deliberate real exchange rate depreciation can promote exports diversification and growth. This paper is built on these recent developments and investigates whether four developing countries have adopted such a strategy. Data from Egypt, Jordan, Morocco and Tunisia are used to construct and compare the macroeconomic Real Effective exchange rate (REER), similar exchange rates at the sector level (SREER) and the macroeconomic Equilibrium Real Effective exchange rate (EREER). It shows that there are instances where the objective of diversifying exports through depreciation of exchange rate comes at the expense of further misalignment (REER departs from the EREER) and, then, mon...
This paper shows that, during the 1970s and 1980s, MENA economies were characterized by a significan...
International audienceThis paper shows that, during the 1970s and 1980s, MENA economies were charact...
The paper presents a dynamic portfolio model under currency inconvertibility which rationalizes the ...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive exchange rate policy in accordance with price incentives...
Recent literature suggests that a proactive exchange rate policy in accordance with price incentives...
The purpose of this paper is to estimate the equilibrium real exchange rate and derive the degree of...
Recent literature suggests that a proactive exchange rate policy in accordance with price incentives...
Recent literature suggests that a proactive exchange rate policy in accordance with price incentives...
YesThe importance of trade as an engine of growth is well established. Empirical literature shows ...
This paper shows that, during the 1970s and 1980s, MENA economies were characterized by a significan...
This paper shows that, during the 1970s and 1980s, MENA economies were characterized by a significan...
International audienceThis paper shows that, during the 1970s and 1980s, MENA economies were charact...
The paper presents a dynamic portfolio model under currency inconvertibility which rationalizes the ...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate dep...
Recent literature suggests that a proactive exchange rate policy in accordance with price incentives...
Recent literature suggests that a proactive exchange rate policy in accordance with price incentives...
The purpose of this paper is to estimate the equilibrium real exchange rate and derive the degree of...
Recent literature suggests that a proactive exchange rate policy in accordance with price incentives...
Recent literature suggests that a proactive exchange rate policy in accordance with price incentives...
YesThe importance of trade as an engine of growth is well established. Empirical literature shows ...
This paper shows that, during the 1970s and 1980s, MENA economies were characterized by a significan...
This paper shows that, during the 1970s and 1980s, MENA economies were characterized by a significan...
International audienceThis paper shows that, during the 1970s and 1980s, MENA economies were charact...
The paper presents a dynamic portfolio model under currency inconvertibility which rationalizes the ...