This article aims at analyzing the trade structure of La Reunion (exports and imports of products, HS6 digit level) over the period 1989–2008. First, we determined several indicators of geographic trade intensity, comparative advantage and openness. These later revealed that, in spite of...

The exchange rate misalignments, i.e. the over/under evaluation of currencies, remain at the heart of discussions of international finance. To define and to measure these misalignments, it’s necessary to refer to an equilibrium exchange rate. We consider that the relevant model must meet...

This empirical study of per capita income convergence across the countries of the Indian Ocean Zone (IOZ) during 1950–2008 relies on a distribution dynamics approach that employs both stochastic kernels (stacked and high-density region plots) and a nonparametric estimator. During this period,...