[PDF] Top 20 ← Return to Article Details The value of the exchange rate and the Dutch disease

... trialization and, therefore, the economic development, as it happened in many oil-producing countries; the second one, more uncommon, took place in the neth- erlands, and eventually ... See full document

... order to understand the behaviour of exchange rates in these countries, it is necessary to take into account their specific position in the contemporary inter- national monetary ... See full document

... values and referred to as the bilateral real exchange rate) was relatively stable between 1968 and 1979, indicating that the policy makers managed the ... See full document

... : The aim of this article is to show that the achievement of a competitive level for real exchange rate is a necessary, although not sufficient condition for ... See full document

... criticizing the drawbacks of “conventional ortho‑ doxy” or the “Washington consensus” that influenced numerous developing coun‑ tries from the 1980s with the support of ... See full document

... take exchange rates into ...not of importance. For him cost and quality advantages of the already further developed industries were the important ...economies and with ... See full document

... matter of currency undervaluation and low labor costs, it is a fact that this policy represents a huge stimulus to the growth of its exports, by making them cheaper than they would be ... See full document

... when the floating exchange rate regime was introduced in 1999, it was supposed to adjust the balance of payments, freeing other macro policies to pursue domestic ...from ... See full document

... Flexible exchange rate systems provide greater maneuverability for a country’s fiscal and monetary ...lead to fluctuations in the foreign- currency value of a government’s ... See full document

... The Dutch disease is a major market failure originated in the existence of cheap and abundant natural or human resources that keep overvalued the currency of a ... See full document

... is the following: if conditions of free international capital mobility are considered, it is expected that the normal level of the domestic profit rate is at least partially ... See full document

... recognised the problem of low levels of investment. In the Labour Party manifesto there was some passing refer- ences to the need to build up investment, though usually ... See full document

... in the public debate over the last decade, it has proven extremely difficult to craft a sufficient consensus on the shape of the reforms required, devise a credible reform ... See full document

... consumerism”, and the Brazilian experience with the Workers Party is just another example of this epistemic ...for the demise of leftist populism as exemplified by both ... See full document

... explaining the reason for the unemployment rate to keep falling, it is wor- thwhile considering why the participation rate is lower in this context when the exact opposite ... See full document

... Posteriormente, incluímos como variável dependente o valor das exportações e das importações por conteúdo tecnológico. Essa nova estratégia, além de enfren- tar as questões relacionadas à forma funcional e à ... See full document

... nesse primeiro texto, a forma equivalente universal surge diretamente das considerações sobre o processo de troca – isto é, das considerações sobre o plano mais concreto da interação [r] ... See full document

... Sumariando, as necessidades humanas inspiram as ações que, no que diz respei- to à produção, envolvem o uso do tempo humano destinado ao trabalho. O trabalho gera valores de uso (qualidades quantitativamente ... See full document

... Securities and Exchange Commission (SEC), organismo de supervisão das bolsas americanas, a juntar-se à Procuradoria de Nova Iorque para apurar possíveis conflitos de ...investimen- to do novo ... See full document

... movements: the ‘implicit taxation’ of the agrarian sector and the net subsidies granted to ...divergences of the actual prices received and paid by farmers ... See full document