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The International Monetary Fund (IMF) has worked with Sudan since 1997 to implement a managed float exchange rate. The IMF sees exchange rate flexibility as key to safeguard and rebuild foreign exchange reserves and essential to meet the international reserve target in Sudan. However,...
Persistent link: https://www.econbiz.de/10014163580
Historically, the Indian textiles and clothing industry has comparative advantage in production and exports which could … textiles can take the industry to new heights. Demand of technical textiles is tremendous and growing steadily and it is the … the turbulent times for Indian textiles industry and then suggests the industry specific actions to be taken. It then …
Persistent link: https://www.econbiz.de/10013114773
The textiles and clothing sector involves most unskilled labour-intensive activities, requires minimal training but … production and export of textiles and clothing, her success in global trade has been modest. At present, India accounts for just … about 3% of total world's exports of textiles and clothing amounting to about $13 billion only. One of the key reasons cited …
Persistent link: https://www.econbiz.de/10013115142
The technical textiles domain with its classifications into twelve broad segments leaves a great space where Indian … anytime in today's changing business environment. The global demand for conventional textiles and clothing in which India … result of the phasing out of quotas. If we delve deep into the current turmoil in the textiles sector we may comprehend the …
Persistent link: https://www.econbiz.de/10013115190
textiles and clothing production and trade as the Agreement on Textiles and Clothing (ATC) is implemented. There is pressure … for a large-scale reallocation of resources, with production of textiles and clothing expanding in Asian and other … developing countries. In parallel, textiles and clothing production in industrialised countries is expected to contract …
Persistent link: https://www.econbiz.de/10005408060
This paper was one input to the Australian Government’s decision to remove tariffs on imports from the least developed countries. The Commission’s analysis suggests that removing tariffs on imports from these countries could significantly boost imports from these countries, particularly of...
Persistent link: https://www.econbiz.de/10005119295
In 2005, China abated its fixed exchange rate against the U.S. dollar and began to appreciate the Renminbi (RMB). In this paper, I explore the effect of the appreciation of the RMB on imports to the U.S. from China by augmenting the gravity model with the exchange rate. Using an industrial panel...
Persistent link: https://www.econbiz.de/10013128107
This paper examines how devaluations affect the relative costs of labor and capital and therefore influence production, profitability, investment, and stock returns for firms in the "crisis" country as well as competitors in the rest of the world. After developing these ideas in a small,...
Persistent link: https://www.econbiz.de/10014031780
In 2005, China abated its fixed exchange rate against the U.S. dollar and began to appreciate the Renminbi (RMB). In this paper, I explore the effect of the appreciation of the RMB on imports to the U.S. from China by augmenting the gravity model with the exchange rate. Using an industrial panel...
Persistent link: https://www.econbiz.de/10009300221
The author argues that a policy of devaluation imposed on African economies in compliance with real exchange rate rules … devaluation is also to compromise bank balance sheets and lead to contractions in bank lending capacities, which also affect the … increase vulnerability of the entire financial system. The author supports the effectiveness of devaluation in changing the …
Persistent link: https://www.econbiz.de/10005119268