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The welfare impact of the exchange rate adjustment in Seychelles and possible mitigation mechanisms

✍ Scribed by Oleksiy Ivaschenko


Book ID
113748166
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
380 KB
Volume
29
Category
Article
ISSN
0161-8938

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## Abstract This study investigates the behavioural dynamics of the real exchange rates of five East Asian economiesβ€”Indonesia, Korea, the Philippines, Singapore and Thailandβ€”in the aftermath of the 1997 currency crisis. The results of cointegration analyses suggest that, despite the turbulent exch