Currency harmonisation in the Southern African Development Community: a pathway to addressing the PPP puzzle
Abstract Over a century since its inception, the purchasing power parity (PPP) theory, linking exchange rates to relative prices, remains one of the most widely accepted and influential theories in international economics. Despite its theoretical appeal, the empirical validity of PPP remains highly...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer Nature
2025-03-01
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| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-025-04496-6 |