Large Devaluations, Foreign Direct Investment and Exports : A Speculative Note

One side-effect of the Global Financial Crisis of 2008-09 was the resurgence of a debate over exchange rates. The conventional wisdom dictates that real-exchange rate adjustments are needed in order to bring about changes in trade balances across c...

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Bibliographic Details
Main Author: Lederman, Daniel
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
FDI
GDP
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110331131956
http://hdl.handle.net/10986/3386