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Devaluation crises and the macroeconomic consequences of postponed adjustment in developing countries

Edwards, Sebastian; Montiel, Peter - 1989

Persistent link: https://www.econbiz.de/10000761042

Challenging the Raison d'etre of internal devaluation in the context of the Greek economy

Alexiou, Constantinos; Nellis, Joseph G. - In: Panoeconomicus 60 (2013) 6, pp. 813-836

Persistent link: https://www.econbiz.de/10010341628

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries

Montiel, Peter J. - 2006

This paper develops a small analytical model to explore the relationship between the dynamics of macroeconomic adjustment and the timing of the implementation of an adjustment program featuring a nominal devaluation. The effects of postponing adjustment depend on the source of the original...

Persistent link: https://www.econbiz.de/10012781462

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries

Edwards, Sebastian; Montiel, Peter J. - 2022

This paper develops our analytical model to explore the relationship between the dynamics of macroeconomic adjustment and the timing of the implementation of an adjustment program featuring an official devaluation. The effects of postponing adjustment depend on the source of the original shock,...

Persistent link: https://www.econbiz.de/10013322895

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries

Edwards, Sebastian - 1989

Persistent link: https://www.econbiz.de/10012476190

An empirical investigation on dollarization and currency devaluation : a case study of Tanzania

Musoke, Zakia - 2017

prices of goods and services in dollar. In Tanzania, commercial banks have the power to open foreign currency deposit …

Persistent link: https://www.econbiz.de/10011609303

Inflation uncertainty, exchange rate depreciation and volatility : evidence from Ghana, Mozambique and Tanzania

Molana, Hassan; Osei-Assibey, Kwame - 2010

, which further weakens the currency, may be mitigated by price stability. Data from Ghana, Mozambique and Tanzania support … this: depreciation makes exchange rate more volatile for all but volatility does not causes depreciation in Tanzania which …