It takes the average reader and 54 minutes to read The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa by International Monetary Fund
Assuming a reading speed of 250 words per minute. Learn more
This study examines the relationship between the foreign exchange regime and macroeconomic performance in Eastern Africa. The study focuses on seven countries, five of which decisively liberalized their foreign exchange regimes. The study assesses the relationship between (i) growth and various determinants, including the exchange regime, the real exchange rate, and current account liberalization; and (ii) inflation and various determinants, including lagged inflation, the nominal exchange rate, the exchange regime, and liberalization. We find that in our sample, for the determinants of growth, investment and the real exchange rate are significant determinants but not the exchange regime or liberalization; and for inflation, the lagged inflation rate, nominal exchange rate, and the de facto regime are significant. Exchange rate pass-through is limited.
The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa by International Monetary Fund is 54 pages long, and a total of 13,716 words.
This makes it 18% the length of the average book. It also has 17% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 14 minutes to read The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa aloud.
The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa is suitable for students ages 8 and up.
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