European Parliament Library

Finance & Development, December 1983

Abstract
This paper highlights the sources of payments problems in less developed countries. Growth in the industrial countries has a direct impact on the current account of the developing countries through its influence on both the prices and volumes of their exports. An increase in the real effective exchange rate is clearly a fundamental determinant of a deteriorating current account since, other things being equal, it tends to raise domestic demand for imports and to reduce foreign demand for exports
Language
eng
Literary Form
non fiction
Physical Description
1 online resource (56 p.)
Form Of Item
online
Isbn
9781616353551

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