This paper evaluates the impact of international reserves, terms of trade shocks and capital flows on the real exchange …

the transmission of terms of trade shocks. Evidence on the relationship between real exchange rate volatility and terms of … trade volatility from the late nineteenth and early twentieth century exposes a dramatic change. The classical gold standard …Did adoption of the gold standard exacerbate or diminish macroeconomic volatility? Supporters thought so, critics …

developed and the developing countries. Our analysis will evaluate how the presence of terms of trade adjust-rent and distorted … endogenous terms of trade adjustment, there are cases in which a competitive international banking system may not revitalize … appropriate conditionality, and the presence of endogenous terms of trade adjustment puts greater weight on investment …

This paper uses three models of a small open economy to analyze the effects of terms of trade and exchange rate changes … factors model is developed and used to investigate how an exogenous worsening of the intern.ationa1 terms of trade affect …

Concerns that (1) growth in developing countries could worsen the US terms of trade and (2) that increased US trade … countries export fundamentally different products, especially those classified as high tech …Judged by export shares, the United States and developing countries specialize in quite different product categories …

.1 percent of GDP in 2010. A compression of imports in 2009, the region’s external current account deficit is estimated to have …

The empirical study shows that the equilibrium real exchange rate in Mauritius has been affected by the terms of trade …, as well as by other fundamental determinants. It assesses the challenges posed to Mauritius’s trade performance by the … expiration of the preferential trade arrangements. It examines the empirical relationship among domestic prices, money, foreign …