Real Exchange Rates, Price Competitiveness and Structural Adjustment in Asian and Pacific Economies

Economic outwardness is a critical pillar of the new development policy consensus; it is also the emerging policy bias in a number of developing countries. Economic outwardness entails: (i) a relatively neutral policy stance between exports and import substitutes, and (ii) a relatively open domestic...

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Bibliographic Details
Main Author: Ponciano S. Intal
Format: Article
Language:English
Published: World Scientific Publishing 1992-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110592000113