Contractionary Devaluation in Developing Countries : An Analytic Overview.

This paper evaluates the growing literature on whether devaluation has contractionary effects on output in developing countries. It explores the nature of the links between the exchange rate and real output within a unified, fairly general analytical framework which incorporates a number of the deve...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1988.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1988/051
Online Zugang:Full text available on IMF