Exchange rate misalignment in Pakistan and its general equilibrium distributional implications
Debowicz, Dario · Saeed, Wajiha
PSSP Working Paper Book 16 · Intl Food Policy Res Inst
5.0star
2 reviewsreport
Ebook
28
Pages
family_home
Eligible
info
reportRatings and reviews aren’t verified Learn More
About this ebook
Recent findings in the growth literature suggest that developing countries need to keep a devalued exchange rate to stimulate their economic growth. Building on these findings, we econometrically evaluate to what ex-tent the real exchange rate of Pakistan has been aligned with its economic fundamentals, and find that the Pa-kistan rupee has been significantly and systematically overvalued during the last years. We then simulate the general equilibrium effects of an eventual re-alignment of the real exchange rate with economic fundamen-tals, and find not only an expected increase in the relative size of the tradable sector - where productivity in-creases tend to be faster but also an associated improvement in the income of the poorest groups.
Ratings and reviews
5.0
2 reviews
khusnawaz ahmed
- Flag inappropriate
February 12, 2023
TO,USAOFS AIDS FROM - THE AMERICAN PEOPLE PAKISTAN IFPRI INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE RESPECTEDS WORKING Paper No. 016 | February 2014 . Exchange rate Misaligehment in Pakistan and its General Equilibrium Distributional Implications. MY SIR, Dario debowicz and Wajiha saeed Lastee UP to DATE 2023 YAER .
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
