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Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries »

Source: Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries

Volume/Issue: 1989/11

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

ISBN: 9781451925845

Keywords: exchange rate, terms of trade, foreign exchange, real exchange rates, real exchange rate

This paper develops a small analytical model to explore the relationship between the dynamics of macroeconomic adjustment and the timing of the implementation of an adjustment program featuring a nominal devaluatio...

The Dynamic Effect of Social and Political Instability on Output

The Dynamic Effect of Social and Political Instability on Output »

Source: The Dynamic Effect of Social and Political Instability on Output : The Role of Reforms

Volume/Issue: 2013/91

Series: IMF Working Papers

Author(s): Lorenzo E. Bernal-Verdugo , Davide Furceri , and Dominique Guillaume

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 April 2013

ISBN: 9781484381687

Keywords: Economic models, Economic growth, Fiscal reforms, Political economy, social conflicts, reforms, crisis, growth, governance, social instability

The aim of this paper is to analyze the dynamic effect of social and political instability on output. Using a panel of up to 183 countries from 1980 to 2010, the results of the paper suggest that social conflicts h...

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries »

Volume/Issue: 1989/11

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

DOI: http://dx.doi.org/10.5089/9781451925845.001

ISBN: 9781451925845

Keywords: exchange rate, terms of trade, foreign exchange, real exchange rates, real exchange rate

This paper develops a small analytical model to explore the relationship between the dynamics of macroeconomic adjustment and the timing of the implementation of an adjustment program featuring a nominal devaluatio...

The Dynamic Effect of Social and Political Instability on Output
			: The Role of Reforms

The Dynamic Effect of Social and Political Instability on Output : The Role of Reforms »

Volume/Issue: 2013/91

Series: IMF Working Papers

Author(s): Lorenzo E. Bernal-Verdugo , Davide Furceri , and Dominique Guillaume

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 April 2013

DOI: http://dx.doi.org/10.5089/9781484381687.001

ISBN: 9781484381687

Keywords: Economic models, Economic growth, Fiscal reforms, Political economy, social conflicts, reforms, crisis, growth, governance, social instability

The aim of this paper is to analyze the dynamic effect of social and political instability on output. Using a panel of up to 183 countries from 1980 to 2010, the results of the paper suggest that social conflicts h...