quantitatively demonstrate that the time-honored Balassa-Samuelson hypothesis does not generally apply to episodes of economic growth …. Though the Balassa-Samuelson hypothesis postulates that strong economic growth should, in general, be accompanied by a real … appreciation in exchange rates, this paper does not find such systematic links. This is because some growth spurts are marked by …

The impact of real exchange rate movements on GDP growth is a hotly debated issue both in policy and academic circles … growth for a broad panel of countries. Controlling for country fixed effects, time effects and initial GDP, a more … depreciated currency is associated with higher growth. However, this positive association vanishes after controlling for the …

. Overall, RER appreciated steadily until a major drop in 2008, and then, again in 2014. Growth regressions show that RER … indicating that RER are a key facilitating factor but not a major determinant of growth and are thus unlikely to produce …

The relationship between foreign direct investment (FDI) inflows and economic growth in host countries is a heavily … debated issue. Although some studies have found evidence of the positive impact of FDI on economic growth, others have …

This study examines the moderating effects of the real exchange rate and its volatility on the finance-growth nexus in … the West African region. It also determines the marginal effects of financial development on economic growth at various … impact on economic growth, but this impact is weakened by real exchange rate and its volatility. The marginal effects of …

economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth.<P>En marche pour la prospérité : Réformer pour poursuivre le rattrapage en Chine<BR>La Chine est bien placée pour ne …