This report is about exchange rate changes and inflation in the developing countries. A major reason for the widespread reluctance of policymakers in less developed countries (LDCs) to undertake exchange rate adjustments, despite the recognition of domestic currency overvaluation, is the anxiety about induced general price increases which may rapidly undercut the improved competitiveness that the devaluation is designed to achieve. There is a pervasive...
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INFORMATION
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1980/08/31
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Document de travail (série numérotée)
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DWI8009
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1
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1
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2010/07/01
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Exchange rate changes and inflation in developing countries
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rate of change
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