Artículo
New-Structuralist Exchange-Rate Policy and the Pattern of Specialization in Latin American Countries
Fecha de publicación:
02/2018
Editorial:
Roma Tre Università degli studi. Centro di Ricerche e Documentazione Piero Sraffa
Revista:
Centro Sraffa Working Papers
e-ISSN:
2284-2845
Idioma:
Inglés
Tipo de recurso:
Artículo publicado
Clasificación temática:
Resumen
The present article critically examines the transmission channels between the real ex-change rate and output growth adduced by the so-called New-Structuralist doctrine. It is shown that the assumptions under which the mechanisms work are highly restrictive, and hence, are generally inadequate to explore the problem of economic development in Latin American peripheral countries. In view of this, the potential risks associated with a policy of devaluation are warned.
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Articulos(SEDE CENTRAL)
Articulos de SEDE CENTRAL
Articulos de SEDE CENTRAL
Citación
Dvoskin, Ariel; Feldman, Germán David; Ianni, Guido; New-Structuralist Exchange-Rate Policy and the Pattern of Specialization in Latin American Countries; Roma Tre Università degli studi. Centro di Ricerche e Documentazione Piero Sraffa; Centro Sraffa Working Papers; 28; 2-2018; 1-28
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