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The Role of the Exchange Rate in Economic Growth

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Author Info
MacDonald, R.

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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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Publisher 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

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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;

Find related papers by JEL classification:
F31 - International Economics - - International Finance - - - Foreign Exchange
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Charles Wyplosz, 2000. "Economic growth and the labor markets: Europe's challenge," Research series 200005-4, National Bank of Belgium. [Downloadable!]
  2. Ronald MacDonald & Paul Hallwood, 2004. "The Economic Case for Fiscal Federalism in Scotland," Working papers 2004-42, University of Connecticut, Department of Economics. [Downloadable!]
Statistics
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This page was last updated on 2009-12-16.

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