, public expenditure, real exchange rate changes, gross domestic product growth relative to the rest of the world, trade …

between exchange rate volatility and foreign direct investment (FDI)inflows. The results reveal a negative relationship … between de facto exchange rate volatility andFDI. Reducing exchange rate volatility by 10 percent over one-year can boost FDI … boost FDI inflows by 0.27 percentage points over the long-run. The results areapplied to the case of South Africa, which has …

, much of it survives. FDI inflows are more stable than non-FDI inflows. Within non-FDI inflows, portfolio debt and bank …-intermediated flows remain the most volatile. While FDI inflows are driven mainly by pull factors, portfolio debt and equity are driven … outflows from emerging markets behave differently. FDI outflows from emerging markets have grown and become significantly more …

remittances have on the current account. The paper, therefore, asserts that policy makers face trade-offs pertaining to the use of …

stimulates exports in general and manufacturing exports in particular, improves the trade and current account balances, and spurs …

This paper identifies the effect of trade policy on market power through new data and a new identification strategy. It …

that terms of trade fluctuations explain a large part of the undervaluation. This study is a background note for the South …