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The purpose of this paper is to assess Madagascar''s competitiveness in recent years, using both price and nonprice indicators and an exchange rate assessment of the currency. We estimate the distance between the equilibrium and the actual real exchange rates using three methods: the...
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Despite a substantial and prolonged exchange rate depreciation, South Africa's export performance has disappointed … of South African exports to the real exchange rate depreciation. To this end, we construct a unique database of export …
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