Edwards, Sebastian, 1953-

Real exchange rates, devaluation, and adjustment : exchange rate policy in developing countries. / Sebastian Edwards. - Cambridge, Mass. : MIT Press, c1989. - xi, 371 p. : ill. ; 24 cm.

Includes index.

Bibliography: p. [357]-366.

Contents: Introduction -- The Theory of equilibrium and disequilibrium real exchange rates: The Determination of equilibrium real exchange rates -- Macroeconomic policies, real exchange rate misalignment and devaluation -- Real exchange rates in developing countries: the empirical evidence: Real exchange rate bahaviour in developing countries: the cross-country evidence -- Real and nominal determinants of real exchange rates: the empirical evidence -- Devaluations, real exchange rate realignment and adjustment: Real exchange rates, exchange controls and devaluation crises -- Devaluations, real exchange rates and the external sector -- Devaluations, aggregate output and income distribution -- Conclusions.

0262050390

88039954


Foreign exchange administration--Developing countries.
Foreign exchange--Developing countries.
Devaluation of currency--Developing countries.


Developing countries--Economic policy.

HG3877.E383

332.4/56091724

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