Does real exchange rate devaluation improve the current account balance of highly indebted low income countries?
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DOI: 10.1108/ajems-11-2017-0287
Abstract: Purpose The purpose of this paper is to examine whether real exchange rate devaluation improves the current account balance of four highly indebted low-income countries of East Africa. Design/methodology/approach The pooled mean group (PMG) approach… read more here.
Keywords: current account; account balance; exchange rate; real exchange ... See more keywords