IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/wp-1989-062.html
   My bibliography  Save this paper

Black Markets, Openness, and Central Bank Autonomy

Author

Listed:
  • Tariq Banuri

Abstract

No abstract is available for this item.

Suggested Citation

  • Tariq Banuri, 1989. "Black Markets, Openness, and Central Bank Autonomy," WIDER Working Paper Series wp-1989-062, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-1989-062
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/WP62.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sheikh, Munir A., 1976. "Black market for foreign exchange, capital flows and smuggling," Journal of Development Economics, Elsevier, vol. 3(1), pages 9-26, March.
    2. Sheikh, Munir A., 1974. "Smuggling, production and welfare," Journal of International Economics, Elsevier, vol. 4(4), pages 355-364, November.
    3. Rudiger Dornbusch & Daniel Valente Dantas & Clarice Pechman & Roberto de Rezende Rocha & Demetrio SimÅes, 1983. "The Black Market for Dollars in Brazil," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(1), pages 25-40.
    4. Ijaz Gilani & M. Fahim Khan & Munawar Iqbal, 1981. "Labour Migration from Pakistan to the Middle East and Its Impact on the Domestic Economy Part I (Cost-Benefit Analysis)," PIDE-Working Papers 1981:126, Pakistan Institute of Development Economics.
    5. Culbertson, William Patton, Jr, 1975. "Purchasing Power Parity and Black-Market Exchange Rates," Economic Inquiry, Western Economic Association International, vol. 13(2), pages 287-296, June.
    6. de Macedo, Jorge Braga, 1982. "Currency diversification and export competitiveness : A model of the Dutch disease in Egypt," Journal of Development Economics, Elsevier, vol. 11(3), pages 287-306, December.
    7. Balassa, Bela, 1984. "Adjustment policies in developing countries: A reassessment," World Development, Elsevier, vol. 12(9), pages 955-972, September.
    8. Anne O. Krueger, 1974. "Appendices and Index to "Foreign Trade Regimes and Economic Development: Turkey"," NBER Chapters, in: Foreign Trade Regimes and Economic Development: Turkey, pages 271-339, National Bureau of Economic Research, Inc.
    9. Anne O. Krueger, 1974. "Foreign Trade Regimes and Economic Development: Turkey," NBER Books, National Bureau of Economic Research, Inc, number krue74-1, March.
    10. Anne O. Krueger, 1966. "Some Economic Costs of Exchange Control: The Turkish Case," Journal of Political Economy, University of Chicago Press, vol. 74(5), pages 466-466.
    11. Gupta, Sanjeev, 1981. "A Note on the Efficiency of Black Markets in Foreign Currencies," Journal of Finance, American Finance Association, vol. 36(3), pages 705-710, June.
    12. Jeffrey D. Sachs, 1985. "External Debt and Macroeconomic Performance in Latin America and East Asia," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 16(2), pages 523-573.
    13. Ijaz Gilani & M. Fahim Khan & Munawar Iqbal, 1981. "Labour Migration from Pakistan to the Middle East and its Impact on the Domestic Economy. Part III (Sample Design & Field-Work)," PIDE-Working Papers 1981:128, Pakistan Institute of Development Economics.
    14. Tsakok, Isabelle, 1982. "The export of manpower from Pakistan to the Middle East, 1975-1985," World Development, Elsevier, vol. 10(4), pages 319-325, April.
    15. Jagdish N. Bhagwati, 1978. "Anatomy of Exchange Control Regimes," NBER Chapters, in: Foreign Trade Regimes and Economic Development: Anatomy and Consequences of Exchange Control Regimes, pages 7-52, National Bureau of Economic Research, Inc.
    16. Sanjeev Gupta, 1980. "An application of the monetary approach to black market exchange rates," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 116(2), pages 235-252, June.
    17. Sachs, Jeffrey, 1982. " The Current Account in the Macroeconomic Adjustment Process," Scandinavian Journal of Economics, Wiley Blackwell, vol. 84(2), pages 147-159.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Utku Utkulu & Durmus Özdemir, 2005. "Does Trade Liberalization Cause a Long Run Economic Growth in Turkey," Economic Change and Restructuring, Springer, vol. 37(3), pages 245-266, September.
    2. Panayiotis Diamantis & Dimitris Georgoutsos & George Kouretas, 2001. "The Monetary Approach in the Presence of I(2) Components: A Cointegration Analysis of the Official and Black Market for Foreign Currency in Latin America," Working Papers 0108, University of Crete, Department of Economics.
    3. Jorge Braga de Macedo, 1985. "Macroeconomic Policy Under Currency Inconvertibility," NBER Working Papers 1571, National Bureau of Economic Research, Inc.
    4. Erzan R., 1986. "External account, growth and employment in Egypt and Turkey: historical review and prospects," ILO Working Papers 992485223402676, International Labour Organization.
    5. K.J. Joseph, 2013. "Has Trade been an Engine of Inclusive Growth? India’s Experience under Globalization," Millennial Asia, , vol. 4(2), pages 135-157, October.
    6. Ogbulu, Onyemachi Maxwell & Torbira, Lezaasi Lenee, 2017. "Transmission Effect of the Interaction between Parallel and Official Foreign Exchange Markets in Nigeria," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 3(6), pages 76-90, 06-2017.
    7. Subrata Ghatak & Jalal Siddiki, 2001. "The use of the ARDL approach in estimating virtual exchange rates in India," Journal of Applied Statistics, Taylor & Francis Journals, vol. 28(5), pages 573-583.
    8. Diamandis, Panayiotis F. & Kouretas, Georgios P. & Zarangas, Leonidas, 2007. "Dual foreign currency markets and the role of expectations: Evidence from the Pacific Basin countries," Research in International Business and Finance, Elsevier, vol. 21(2), pages 238-259, June.
    9. Panayiotis Diamandis & Georgios Kouretas & Leonidas Zarangas, 2005. "Expectations and the black market premium for foreign currency in Greece," Applied Financial Economics, Taylor & Francis Journals, vol. 15(10), pages 667-677.
    10. Kam Chan & Louis Cheng & Ming-Shiun Pan, 1997. "Market efficiency and cointegration: Some evidence in Pacific-Basin black exchange markets," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 21(1), pages 25-31, March.
    11. Rodgers, Yana Van der Meulen & Cooley, Jane C., 1999. "Outstanding Female Economists in the Analysis and Practice of Development Economics," World Development, Elsevier, vol. 27(8), pages 1397-1411, August.
    12. Augey Dominique, 1995. "Political Economy Of Policy Reform In Developing Countries," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 6(4), pages 1-8, December.
    13. Jeffrey D. Sachs, 1989. "Introduction to "Developing Country Debt and Economic Performance, Volume 1: The International Financial System"," NBER Chapters, in: Developing Country Debt and Economic Performance, Volume 1: The International Financial System, pages 1-36, National Bureau of Economic Research, Inc.
    14. repec:ilo:ilowps:248522 is not listed on IDEAS
    15. Speight, Alan E. H. & McMillan, David G., 2001. "Volatility spillovers in East European black-market exchange rates," Journal of International Money and Finance, Elsevier, vol. 20(3), pages 367-378, June.
    16. Michael Frenkel, 1990. "Exchange rate dynamics in black markets," Journal of Economics, Springer, vol. 51(2), pages 159-176, June.
    17. Jeffrey D. Sachs, 1989. "Introduction to "Developing Country Debt and the World Economy"," NBER Chapters, in: Developing Country Debt and the World Economy, pages 1-34, National Bureau of Economic Research, Inc.
    18. Devashish Mitra, 2001. "Trade Liberalization, Labor Markets and Imperfect Competition," Economics Study Area Working Papers 29, East-West Center, Economics Study Area.
    19. Joshua Aizenman, 1986. "Labor Markets and the Choice of Technology in an Open Developing Economy," NBER Working Papers 1998, National Bureau of Economic Research, Inc.
    20. Shachmurove, Yochanan, 1999. "The Premium in Black Foreign Exchange Markets: Evidence from Developing Economies," Journal of Policy Modeling, Elsevier, vol. 21(1), pages 1-39, January.
    21. Abdoul’ Ganiou Mijiyawa & Djoulassi K. Oloufade, 2023. "Effect of Remittance Inflows on External Debt in Developing Countries," Open Economies Review, Springer, vol. 34(2), pages 437-470, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:wp-1989-062. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.