Trade Balance and the J-Curve Phenomenon in Malawi

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Mataya, Charles S.; Veeman, Michele M.;
  • Subject: International Relations/Trade,

The effects of successive currency devaluations, since the 1980s, on Malawi's trade balance are analysed. The major hypothesis tested is that currency devaluation leads to an improvement in trade balance through changes in the real exchange rate. This hypothesis is not ... View more
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