Essays on exchange rate policy in developing countries

Y.A. Khamfula

Research output: ThesisDoctoral ThesisScientific

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Abstract

The breakdown of the Bretton Woods system of pegged exchange rates has since 1971 given developing countries a wider range of choice with regard to their exchange rate regimes than had previously existed. With the emergence of a variety of exchange rate regimes, increasing attention has been given to the rationale for choosing one type of regime over another and how the variations in the nominal or real exchange rate affect the economies of these countries. This Ph.D. thesis is a combination of essays on exchange rate policy in developing countries along the lines of adoption of exchange rate regime and the determination of the nominal or real exchange rate variations. It attempts to investigate the following: (i) the role of `learning' in exchange rate regim adoption; (ii) the economic implications of adopting a monetary union in the Southern-Africa Development community (iii) the role of politics in determining exchange rate devaluation; and (iv) the problem of currency convertibility. The study partly build theoretical models and partly empirically investigates these models by employing various econometric, statistical and mathematical techniques.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
Supervisors/Advisors
  • Huizinga, Harry, Promotor
Award date8 Sep 1999
Place of PublicationTilburg
Publisher
Print ISBNs9056680560
Publication statusPublished - 1999

Fingerprint

Developing countries
Exchange rate policy
Exchange rate regimes
Exchange rates
Nominal exchange rate
Real exchange rate
Breakdown
Convertibility
Rationale
Devaluation
Southern Africa
Currency
Econometrics
Economics
Bretton Woods
Monetary union

Cite this

Khamfula, Y. A. (1999). Essays on exchange rate policy in developing countries. Tilburg: CentER, Center for Economic Research.
Khamfula, Y.A.. / Essays on exchange rate policy in developing countries. Tilburg : CentER, Center for Economic Research, 1999. 227 p.
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Khamfula, YA 1999, 'Essays on exchange rate policy in developing countries', Doctor of Philosophy, Tilburg University, Tilburg.

Essays on exchange rate policy in developing countries. / Khamfula, Y.A.

Tilburg : CentER, Center for Economic Research, 1999. 227 p.

Research output: ThesisDoctoral ThesisScientific

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Khamfula YA. Essays on exchange rate policy in developing countries. Tilburg: CentER, Center for Economic Research, 1999. 227 p. (CentER Dissertation Series).