Coping with terms-of-trade shocks in developing countries
Christian Broda; Cedric Tille;
Subject: Foreign exchange rates ; Developing countries ; Exports ; Imports ; Prices ; International trade ; Gross domestic product
mesheuropmc: health care economics and organizations
Sharp swings in a developing country's terms of trade, the price of its exports relative to the price of its imports, can seriously disrupt output growth. An analysis of the effects of a decline in export prices in seventy-five developing economies suggests that countri... View more
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