Real exchange rate misalignment and economic growth in East African least developed countries

The behavior of real exchange rate remained an important policy concern for small open economies as its poor management adversely affects their economy with substantial welfare losses. This study examined the main drivers of real effective exchange rate (REER) misalignment and its effect on the econ...

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Bibliographic Details
Main Author: Getaneh Mihret Ayele
Format: Article
Language:English
Published: Elsevier 2022-11-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844022031280