Financial liberalisation, exchange rate dynamics and the financial Dutch disease in developing and emerging economies

2021 ◽  
pp. 181-196
Author(s):  
Alberto Botta
Keyword(s):  
Exchange Rate ◽  
Emerging Economies ◽  
Dutch Disease ◽  
Exchange Rate Dynamics ◽  
Financial Liberalisation

scholarly journals Do US News and Volatility in Exchange Rate Exposure Matter (Empirical Evidence from Emerging Economies)

2020 ◽  
Vol V (I) ◽  
pp. 198-208
Author(s):  
Rana Shahid Imdad Akash ◽  
Kashif Hamid ◽  
Iqbal Iqbal Mahmood
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Emerging Economies ◽  
Exchange Rate Volatility ◽  
Decision Makers ◽  
Exchange Rate Dynamics ◽  
Exchange Rate Exposure ◽  
Variance Equation ◽  
News Effect ◽  
The Impact

This study is aimed to examine the impact of US News and exchange rate exposure on emerging economies of Pakistan, China, Turkey and Iran. Daily exchange rates have been used for the period Jan 1, 2003 to Dec 31, 2018 to identify the volatility in exchange rate exposure due to news effect. US News is modeled with variance equation respectively for each country exchange rate. GARCH (1,1) by Bollerslev (1986), and EGARCH (1,1) by Nelson (1991) models have been used to estimate the volatility of exchange rate dynamics. Results indicate that impact of US News is significantly positive on the exchange rate of Pakistan and China and the results of US news impact on Turkey and Iran are insignificant. Present study is helpful for investors, financial analysts and economic decision makers for understanding the changing dynamics of exchange rate volatility.

Macroeconomic Balance

2017 ◽  
Author(s):  
Jonathon W. Moses ◽  
Bjørn Letnes
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
International Competitiveness ◽  
Local Economy ◽  
Dutch Disease ◽  
Economic Sectors ◽  
Incomes Policy ◽  
Subsequent Loss ◽  
Resource Wealth

One of the biggest challenges from petroleum wealth comes from a subsequent loss of international competitiveness. Resource wealth can easily inflate the local economy, making it more difficult for other economic sectors to maintain international competitiveness. This chapter introduces the challenge of Dutch Disease and its diverse remedies. The latter part of the chapter describes how Norway has always struggled with the need to maintain international competitiveness, and has developed a highly organized economy (corporatism) as a result. Norwegian incomes policy, responsible budgeting policies, devaluations, and a restricted pace of extraction have all been used, at various times, to limit the threat of a real exchange rate appreciation.

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