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"Pursuit of an exchange rate policy that promotes the competitiveness of exports would be greatly facilitated if the policy maker were able to establish the level of misalignment of the exchange rate and thereby try to correct for it. The motivation of this study for Uganda was therefore to...
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The paper analyses the effects of trade and exchange rate policies on Cameroon's agriculture. Theoretical models and formulas are developed for empirical analysis.
Persistent link: https://www.econbiz.de/10005779587
This paper examines the determinants of inflation in Uganda. High inflation, an economic virus of the Ugandan economy for most of the 1980s, has been recorded at annual rates of less than 10% since 1993/94. A competitive exchange rate has also been sustained since 1990.
Persistent link: https://www.econbiz.de/10005779592
For a developing country like Nigeria, the price of foreign exchange plays a highly significant role in the ability of the economy to attain optimal productive capacity. This paper, using a statistical analysis, studies the foreign exchange rate behaviour in Nigeria's auction.
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The paper assesses whether the exchange rate is affected by monetary policy and whether these effects are permanent or transitory. The paper takes the position that the exchange rate regime determines the flexibility of monetary policy.
Persistent link: https://www.econbiz.de/10005634289
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From 1983, Ghana embarked on an economic recovery programme (ERP), an important feature which was trade and foreign exchange liberalization. This called for a legalization of the black market into foreign exchange (forex) bureaus. This paper looks at the structure of this market, including the...
Persistent link: https://www.econbiz.de/10005634297