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The behaviour of the exchange rate under a floating exchange rate regime for a small open economy with perfect capital mobility may appear like a managed float or even a firmer peg. We present a canonical new neo-classical synthesis open economy model where the central bank follows a strategy...
Persistent link: https://www.econbiz.de/10009635960
Pricing-to-market (PTM) behaviour implies that exporters adjust their prices to the prevailing prices in their export markets. For the importing country, PTM effects can be interpreted as a measure of the stability of domestic prices against foreign price and exchange rate developments. PTM...
Persistent link: https://www.econbiz.de/10009636522
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This report covers the evaluation of the cooperation strategy of the EC with the Federal Republic of Nigeria and its … assessment of the Commission’s past and current cooperation programme with Nigeria; To identify key lessons learned from the past … cooperation with Nigeria with a view to improving the current and future strategies and programmes of the Commission. …
Persistent link: https://www.econbiz.de/10011799402