Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate depreciation can promote exports diversification and growth. This paper is built on these recent developments and investigates whether four developing countries have adopted such a strategy. Data...

Production frontiers with technical inefficiency determinants are estimated using stochastic models for textile manufacturing in eight developing countries encompassing about 800 firms. Inefficiency determinants are considered either on an individual basis, or in the form of composite indicators...

This paper provides an analysis of the paradigm of good governance by focusing on the evolution of its economic, political and social dimensions. The analysis is structured around the World Bank, which was one of the promoters of the good governance paradigm. The strategies it used in promoting...

This paper analyzes the impact of capital inflows and exchange rate flexibility on the real exchange rate in developing countries based on panel cointegration techniques. The results show that public and private flows are associated with a real exchange rate appreciation. Among private flows,...