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The Liberalization of Foreign Exchange Markets and Economic Growth in Sub-Saharan Africa

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  • Lipumba, N-H-I

Abstract

This paper analyses the rationale of interventions in foreign exchange markets in Sub-Saharan Africa and reviews exchange rate theory and balance of payments management and its application to African countries. It analyses the liberalization of foreign exchange markets and the impact of these markets on real exchange rates and parallel market premiums.

Suggested Citation

  • Lipumba, N-H-I, 1997. "The Liberalization of Foreign Exchange Markets and Economic Growth in Sub-Saharan Africa," Research Paper 35, World Institute for Development Economics Research.
    • Handle: RePEc:fth:wodeec:35
    as

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    Keywords

    EXCHANGE RATE ; TRADE LIBERALIZATION;

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange

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