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Openness, Productivity and Growth: What Do We Really Know?
- S. Edwards
- Economics
- 1 March 1997
For over a century social analysts have debated the connection between trade policy and economic performance. This controversy continues today, even as the world is experiencing an unprecedented…
Real Exchange Rates, Devaluation, and Adjustment: Exchange Rate Policy in Developing Countries
- S. Edwards
- Economics
- 1989
"Real Exchange Rates, Devaluation, and Adjustment "provides a unified theoretical and empirical investigation of exchange rate policy and performance in scores of developing countries. It develops a…
Openness, Trade Liberalization, and Growth in Developing Countries
- S. Edwards
- Economics
- 1993
I am indebted to three referees for extremely helpful comments. This paper was revised during my stay at the Kiel Institute for the World Economy, in March 1992. I thank colleagues and the library…
Exchange Rate Misalignment In Developing Countries
- S. Edwards
- Economics
- 1988
This article analyzes the theory of equilibrium real exchange rates and defines misalignment as a deviation of the real exchange rate (RER) from its equilibrium level. The role of macroeconomic…
Real and Monetary Determinants of Real Exchange Rate Behavior: Theory and Evidence from Developing Countries
- S. Edwards
- Economics
- 1 September 1988
Trade Orientation, Distortions and Growth in Developing Countries
- S. Edwards
- Economics
- 1 May 1991
Seigniorage and Political Instability
- A. Cukierman, S. Edwards, G. Tabellini
- Economics
- 1 December 1989
The importance of seignorage relative to other sources of government revenue differs markedly across countries. The main theoretical implication of this paper is that countries with more unstable and…
Why are Latin America's savings rates so low? An international comparative analysis
- S. Edwards
- Economics
- 1 October 1996
Capital Mobility and Economic Performance: Are Emerging Economies Different?
- S. Edwards
- Economics
- 1 January 2001
In this paper I use a new cross-country data set to investigate the effects of capital mobility on economic growth. The new indicator of capital mobility used in this analysis is superior to…
Crisis and Reform in Latin America: From Despair to Hope
- S. Edwards
- Economics, Political Science
- 1 September 1997
During the past few years, the Latin American countries have gone through major economic reforms that have greatly changed the region's economic landscape. What started as an isolated and slow…
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