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Publication Detail
JPD 2000 Vol. XXVII No. 2-e: Currency Devaluations, Product Pricing and Trade Deficits

This paper explains why currency movements and trade volumes, while theoretically related, have minimal effect on each other, in practice. In addition, it argues that volatile currency movements and trade deficits are not beneficial in the long run. A separate set of measures on how to deal with each issue is also discussed.

Philippine Institute for Development Studies
Authors Keywords
Aviel, David S.; trade sector; devaluation; foreign exchange liberalization; currency and banking crisis;
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Published in 2000 and available in the PIDS Library or can be downloaded as full text Downloaded 1,185 times since November 25, 2011