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  Choice of the exchange policies in the developments countries: Study of the competitiveness of Tunisia
 
 
Title: Choice of the exchange policies in the developments countries: Study of the competitiveness of Tunisia
Author: Benahji Sfaxi Hend
Appeared in: Panoeconomicus
Paging: Volume 55 (2008) nr. 3 pages 353-367
Year: 2008
Contents: After the collapse of the Breton Woods system, the increased fluctuations of the exchange rates pushed the developing countries to adopt exchange rate policies to avoid rocking of the balance of payments. Since 1973, Tunisia adopted fixed or intermediary exchange rate policies to support or ameliorate her competitiveness and later to balance her current account. By calculating the real effective exchange rate misalignment, we showed that this country did not achieve her goals and that amelioration of competitiveness occurred only as from the moment when she softened her exchange policies. A policy of floating exchange rate is recommended for Tunisia specially why this country is more and more open. .
Publisher: Savez ekonomista Vojvodine (provided by DOAJ)
Source file: Elektronische Wetenschappelijke Tijdschriften
 
 

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