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Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy?

Abstract : Recent literature suggests that a proactive exchange rate policy in accordance with price incentives (i.e. undervaluation) can foster manufactured exports and growth. This paper is built on these recent developments and investigates, using a sample of 52 developing countries, whether such a proactive exchange rate policy is adopted. The results show that during the period 1991-2005 a number of countries has used undervaluation to foster the price competitiveness of manufactured exports.
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https://halshs.archives-ouvertes.fr/halshs-00666945
Contributor : Cerdi Etudes & Documents - Publications <>
Submitted on : Monday, February 6, 2012 - 3:31:51 PM
Last modification on : Tuesday, April 20, 2021 - 10:48:06 AM

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Patrick Plane, Ridha Nouira, K Sekkat. Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy?. Journal of Comparative Economics, Elsevier, 2011, 39, pp.584-601. ⟨halshs-00666945⟩

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