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1 lis 2014 · The current paper attempts to empirically investigate this in the context of Fiji which has undergone devaluation four times during the last three decade.
1 cze 2016 · The current paper investigates the effectiveness of devaluation in improving trade balance with reference to Fiji. A small island economy has limited exportable and hence highly depends on imports for both consumption and production purposes.
Abstract. This paper discusses the relation devaluation has on economic growth. It looks at the expansionary effect that has been the tradition dominant view as opposed by the empirical...
investigate this issue for Fiji, a small island economy located in the Pacific that has experienced four round of devaluation during the last three decades.
11 lut 2022 · The idea that devaluation will promote exports in Fiji needs careful investigation because results show that this will happen with a high cost, i.e. 5% nominal devaluation will be required to increase real exports by 1%.
Fiji has witnessed three episodes of devaluation of its currency since 1975. In 1988 the Fijian currency was first devalued by 33 percent in order to prevent the
The current paper attempts to empirically investigate this in the context of Fiji which has undergone devaluation four times during the last three decade. Using Vector Error Correction Model, we find evidence of J-curve phenomenon on goods trade, but not on services over the period 1975 to 2012.
