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The “optimum” long-run real exchange rate is the rate that will efficiently channel production resources into industries that generate and diffuse productivity gains in the economy as a whole and that will thus tend to speed up and sustain the economic development process. Rather than employing c...
Enlace original:
https://repositorio.cepal.org/handle/11362/43449
Nassif, André
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Feijó, Carmen Aparecida
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Araújo, Eliane
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A structuralist-Keynesian model for determining the optimum real exchange rate for Brazil’s economic development process: 1999-2015
This paper uses the product space methodology to gain new perspectives on the relationship between economic complexity and economic development, illustrated by case studies of Brazil and the Republic of Korea. It takes import data as an indicator of revealed comparative disadvantage to highlight ...
Enlace original:
https://repositorio.cepal.org/handle/11362/44721
Britto, Gustavo
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Romero, João Prates
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Freitas, Elton
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Coelho, Clara
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The great divide: economic complexity and development paths in Brazil and the Republic of Korea
