Purchasing Power Parities in Five East African Countries

Released on by Mr.Noureddine Krichene
preview-18

  • Purchasing Power Parities in Five East African Countries Book Detail

  • Author : Mr.Noureddine Krichene
  • Release Date : 1998-10-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 38
  • ISBN 13 : 1451856792
  • File Size : 72,72 MB
DOWNLOAD BOOK

Purchasing Power Parities in Five East African Countries by Mr.Noureddine Krichene PDF Summary

Book Description: In a case study of Burundi, Kenya, Rwanda, Tanzania, and Uganda, this paper finds that bilateral real exchange rates revert to a long-term equilibrium in line with purchasing power parities, implying that these countries constitute an integrated trading zone, their markets are interdependent and arbitrage works efficiently, and intraregional competitiveness is preserved. These findings are partly explained by the flexibility of nominal exchange rates and prices and the absence of long-term productivity differences among these countries. To strengthen market integration, foster private sector development, and enhance growth prospects, the paper emphasizes the importance of increased trade, competitive labor markets, flexible exchange rates, and convergence of macroeconomic and structural policies.

Disclaimer: www.yourbookbest.com does not own Purchasing Power Parities in Five East African 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.

Niger

Niger

File Size : 29,29 MB
Total View : 6601 Views
DOWNLOAD

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countrie

Islamic Macroeconomics

Islamic Macroeconomics

File Size : 53,53 MB
Total View : 6258 Views
DOWNLOAD

Islamic Macroeconomics proposes an Islamic model that offers significant prospects for economic growth and durable macroeconomic stability, and which is immune

Foreign Aid and Consumption Smoothing

Foreign Aid and Consumption Smoothing

File Size : 45,45 MB
Total View : 955 Views
DOWNLOAD

Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This