| Title: | Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2011) |
| Authors: | Patrick Plane, Author ; Ridha Nouira, Author ; Khalid Sekkat, Author |
| In : | Journal of comparative economics (Vol. 39 N°4, December 2011) |
| Article on page: | pp. 584-601 |
| Languages: | English |
| Descriptors: |
[Eurovoc] FINANCE > monetary economics > exchange policy [Eurovoc] FINANCE > monetary economics > exchange policy > exchange rate [Eurovoc] TRADE > trade policy |
| Tags: | exchange rate ; misalignment ; undervaluation ; exports diversification |
| 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. |
| Doi : |
DOI : https://doi.org/10.1016/j.jce.2011.08.002 
|
| Axe de recherche : | Intégration des pays en développement dans l'économie mondialisée |
| Link for e-copy: | https://halshs.archives-ouvertes.fr/halshs-00666945 |
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