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While the direct effect of international tourism on economic growth has been widely studied, limited attention has been given to the macroeconomic conditions that moderate this effect.
Rose Kibuuka Nakimu +2 more
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Globally, the exportation of agricultural products plays a critical role in driving economic growth and stability, often acting as a substantial contributor to gross domestic product (GDP), employment, and foreign exchange earnings in agrarian economies.
Abdikafi Hassan Abdi +1 more
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An Empirical Study of Liquidity and Information Effects of Order Flow on Exchange Rates
We propose a simple structural model of exchange rate determination that draws from the analytical framework recently proposed by Bacchetta and van Wincoop (2003) and allows us to disentangle the liquidity and information effects of order flow on ...
Francis Breedon, Paolo Vitale
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Exchange rate policy in Republic of Serbia in conditions of the global economic crisis and Covid-19 pandemic: Similarities and differences [PDF]
The foreign exchange market represents the direct connection between a national economy and the global environment. The smooth functioning of the foreign exchange market contributes to national financial markets increasingly establishing relationships ...
Dimić Maja +2 more
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This study investigated the interplay between exchange rate volatility, inflation rates, and real interest rates on Zambia’s economic growth from 1992 to 2022, utilizing annualized time series data.
Tabo Mwiya +3 more
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Macroeconomic Factors Driving Exchange Rate Volatility and Economic Sustainability: Case Study of Pakistan [PDF]
Volatility increases the risk of exchange rate, and the risk of exchange rate refers to losing money due to fluctuations in the exchange rate. Thus, it significantly impacts the country's economic development stability or sustainability, as making ...
Saghir Pervaiz Ghauri +4 more
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Do Financial Development and Exchange Rates Drive the Tourism–Growth Relationship?
This study expands the tourism development literature by examining how currency valuation and financial sector maturity influence the tourism–growth relationship. While prior research emphasizes direct or bidirectional causality, this study distinguishes
Pat Obi +2 more
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Impact of Economic Policy Uncertainty on Exchange Market Pressure
Capturing changes in foreign reserves and exchange rates through the exchange market pressure, this article investigates whether economic policy uncertainty plays any role in exchange market pressure movements while controlling for the effects of ...
Ifedolapo Olabisi Olanipekun +2 more
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China: crescimento econômico de longo prazo
China: long-run economic growth. The paper aims to understand on theoretical and empirical grounds the main determinants of China´s long run growth. The econometric analysis suggests the exchange rate as the most important variable in explaining China´s ...
Flávio Vilela Vieira
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The economy plays a vital role in a country's ability, in the era of globalization economic strength determines the country's international competitiveness, including involvement in global trade. The capital market is an important element in the economy,
Vanny Rahma Yulianti +1 more
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