This paper focuses on some fundamentals of economic analysis and the empirical record that have been extensively ignored in discussions of exchange rates and U.S. trade in the 1980s.It addresses both the issue of why an appreciation of the dollar was associated with the relatively strong...

Some analysts have attempted to quantify the extent to which high energy prices have adversely affected the level of prices, output, productivity, investment and other economic developments. Considerable differences exist from these different approaches, which have in turn led to different...

Morocco has a distinguished reputation for opening the economy, privatization and for increasing the role of the private sector in economic development. The nation has also had well known success in achieving a high degree of price stability through a fixed and credible exchange rate that was...