This paper examines the role of international technical assistance in building the institutions critical to the success of market reform in the Transition Economies. While there have been many successful grass roots projects aimed at helping individual firms or associations compete in the...

In this paper we address the two following questions: (1) what are the major sources of real exchange rate fluctuations in developing countries? (2) do economic policy makers have room to face possible real exchange rate fluctuations? To answer these questions, we estimate a structural VAR model...