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Long-run and Short-run Determinants of the Real Exchange Rate in Zambia
(2001)
The paper analyses the main determinants of the real exchange rate in Zambia. It first gives a brief review of the Zambian economy and a review on real exchange rate studies. Then an illustrative model is presented. The ...
Is East Africa an Optimum Currency Area?
(2001)
The paper investigates whether the East African Community, comprising of Kenya, Tanzania, and Uganda, constitutes an optimum currency area or not. The East African Community has been revived, and one of the long-term ...