par Nouira, Ridha;Plane, Patrick;Sekkat, Khalid
Référence Journal of comparative economics, 39, 4, page (584-601)
Publication Publié, 2011-12
Article révisé par les pairs
Résumé : Recent literature suggests that a proactive exchange rate policy in accordance with price incentives (i.e. undervaluation) can foster manufactured exports and growth. This paper is built on these recent developments and investigates, using a sample of 52 developing countries, whether such a proactive exchange rate policy is adopted. The results show that during the period 1991-2005 a number of countries has used undervaluation to foster the price competitiveness of manufactured exports. © 2011 Association for Comparative Economic Studies.

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