exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate …

volatility, especially in the past decade. Nevertheless, dollarised countries benefit from higher levels of investment and trade … alternative for emerging economies. While most arguments for and against dollarisation are grounded in theory, there is a …

A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … important than private finance, we also identify a number of episodes where a substantial fraction of domestic investment was … abruptly with compression of the current account, real exchange rate depreciation, and a sharp slowdown in investment. We …

This paper studies the impact of the level and volatility of commodity terms of trade on economic growth, as well as on …. We argue that volatility, rather than abundance per se, drives the "resource curse" paradox and also investigate …, volatility exerts a negative impact on economic growth operating mainly through lower accumulation of physical capital. Our …