The Impact of Capital and Foreign Exchange Flowson the Competitiveness of Developing Countries

Released on by Mr.Bassem Kamar
preview-18

  • The Impact of Capital and Foreign Exchange Flowson the Competitiveness of Developing Countries Book Detail

  • Author : Mr.Bassem Kamar
  • Release Date : 2010-07-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 32
  • ISBN 13 : 1455201375
  • File Size : 89,89 MB
DOWNLOAD BOOK

The Impact of Capital and Foreign Exchange Flowson the Competitiveness of Developing Countries by Mr.Bassem Kamar PDF Summary

Book Description: Attracting capital and foreign exchange flows is crucial for developing countries. Yet, these flows could lead to real exchange rate appreciation and may thus have detrimental effects on competitiveness, jeopardizing exports and growth. This paper investigates this dilemma by comparing the impact of six types of capital and foreign exchange flows on real exchange rate behavior in a sample of 57 developing countries covering Africa, Europe, Asia, Latin America, and the Middle East. The results reveal that portfolio investments, foreign borrowing, aid, and income lead to real exchange rate appreciation, while remittances have disparate effects across regions. Foreign direct investments have no effect on the real exchange rate, contributing to resolve the above dilemma.

Disclaimer: www.yourbookbest.com does not own The Impact of Capital and Foreign Exchange Flowson the Competitiveness of Developing Countries books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.