Exchange rate misalignment and growth in exports: lessons from the 1994 CFA Franc devaluation
On January 12th 1994, the members of the CFA Franc zone took a bold decision to devalue their currency by 50 %. Despite the significance of this macroeconomic event, the devaluation and its effects on export growth has been given surprisingly little attention. This paper tries to fill this gap in th...
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| Format: | Working paper |
| Language: | English |
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University of Oxford
2022
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