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The Role of the Exchange Rate in Economic Growth

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Author Info

  • MacDonald, R.

Abstract

In this paper we consider a range of topics which connect exchange rates to the economic growth process. In particular, we first of all outline the basic properties of exchange rates when they are flexible. One key feature of flexible exchange rates is that they are highly volatile and such volatility may affect growth through the channels of trade and investment.

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Bibliographic Info

Paper provided by Warwick - Development Economics Research Centre in its series Papers with number 9.

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Length: 52 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:warwde:9

Contact details of provider:
Postal: University of Warwick, Development Economics Research Center, Coventry CV4 7AL, United Kingdom.
Phone: +44 (0) 2476 523202
Fax: +44 (0) 2476 523032
Web page: http://www.warwick.ac.uk/fac/soc/Economics/
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Related research

Keywords: ECONOMIC GROWTH ; EXCHANGE RATE;

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Cited by:
  1. Ronald MacDonald & Paul Hallwood, 2004. "The Economic Case for Fiscal Federalism in Scotland," Working papers 2004-42, University of Connecticut, Department of Economics.

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