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Competitiveness and Economic Integration in IDB Member Countries

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  • Khalifa Mohammed Ali

    (The Islamic Research and Teaching Institute (IRTI))

Abstract

Recently the issue of the real exchange rate management has received renewed attention from prominent development economist in leading universities and development intuitions. Example of some of the recent work include Gala (2007), Eichengreen (2007), Prasad et al. (2006) and Rodrik (2009). The main theme of this recent research is the importance of managing the real exchange rate as growth facilitating factor. Research on this area has shown that both the level and the volatility of the real exchange rate have important impact on exports, investment and growth in developing countries. This study uses a new large data set for the real effective exchange rate for estimating real exchange rate over/under valuation for member countries. The study also discusses the implication of the results on member countries of the Islamic Development Bank Group

Suggested Citation

  • Khalifa Mohammed Ali, 2017. "Competitiveness and Economic Integration in IDB Member Countries," Working Papers 2017-1, The Islamic Research and Teaching Institute (IRTI).
    • Handle: RePEc:ris:irtiwp:2017_001
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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