Does an undervalued currency merit economic growth?: Evidence from Taiwan

Whether an undervalued currency is an attainable industrial policy for developing countries’ sustained development has recently invoked many discussions. This paper studies the case of Taiwan after first determining the misalignment of Taiwan’s currency by estimating the fundamental equilibrium...

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Bibliographic Details
Main Authors: Yan Ho-Don, Yang Cheng-Lang
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2012-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2012/1452-595X1201037Y.pdf