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Effects of Currency Devaluations on the Economic Growth in Developing Countries: The Role of Foreign Currency-Denominated Debt

✍ Scribed by Giacomo Saibene, Silvia Sicouri

Book ID
113081698
Publisher
Springer US
Year
2012
Tongue
English
Weight
505 KB
Volume
40
Category
Article
ISSN
0197-4254

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## Abstract This note adds to the research which questions the recent influential view that recipient country's β€˜policies’ play an important role in the effect of foreign aid on economic growth in developing countries. In the first step, the almost universal practice of imposing the constraint of e