AID AND EXCHANGE-RATE ADJUSTMENT IN AFRICAN TRADE LIBERALIZATIONS

被引：20

作者：

COLLIER, P ^{[1
]}

GUNNING, JW ^{[1
]}

机构：

[1] FREE UNIV AMSTERDAM,1007 MC AMSTERDAM,NETHERLANDS

来源：

ECONOMIC JOURNAL | 1992年 / 102卷 / 413期

关键词：

D O I：

10.2307/2234588

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

African countries in particular need to set macroeconomic policies which are compatible: that is, which coordinate trade, exchange rate and budgetary/monetary policies in such a way as to avoid depletion of foreign exchange reserves. This paper uses a simple computable general equilibrium model (CGE) to explore alternative compatible strategies in African-type economies. Three alternative strategies are examined. the first relies on devaluation, the second on programme aid, and the third involves a combination of exchange rate depreciation and aid. -M.Amos

引用

页码：925 / 939

页数：15

共 7 条

[1]

BEVAN DL, 1992, UNPUB FISCAL IMPLICA

[2]

COLLIER P, 1992, SURVEYS INT TRADE

[3]

Mosley Paul, 1991, AID POWER WORLD BANK, VI

[4]

MUSSA M, 1976, MONETARY APPROACH BA, P187