The purpose of this study is to assess the economic performance of African countries according to their exchange rate regimes. The methodology is based on the estimation of an empirical growth model that controls for labor productivity, investment share, initial income per capita, and changes in the external environment (i.e., terms of trade and real exchange rate).
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Find related papers by JEL classification: F30 - International Economics - - International Finance - - - General F31 - International Economics - - International Finance - - - Foreign Exchange O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa
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