The Leading eBooks Store Online 4,353,660 members ⚫ 1,442,818 ebooks

New to eBooks.com?

Learn more

Terms of Trade Shocks and Economic Recovery

Terms of Trade Shocks and Economic Recovery by Patrick A. Imam
Buy this eBook
US$ 9.00
(If any tax is payable it will be calculated and shown at checkout.)
This paper identifies factors that contribute to a fast recovery in growth after persistent negative terms of trade shocks, using a sample of 159 countries for 1970-2006. The results suggest that policies matter. Fast recoveries are fairly robustly related to real exchange rate depreciation and improvements in government stability and the institutional environment. A timely increase in aid may also support recovery.
International Monetary Fund; February 2008
23 pages; ISBN 9781452703688
Read online, or download in secure EPUB or secure PDF format
Title: Terms of Trade Shocks and Economic Recovery
Author: Patrick A. Imam; Eleonara Granziera; Norbert Funke