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Exchange rate policy and agricultural exports performance in sub-Saharan Africa



Exchange rate policy and agricultural exports performance in sub-Saharan Africa



New Series Discussion Papers Development and Project Planning Centre, University of Bradford ( 9): 13pp.



The supply responsiveness of agricultural exports in sub-Saharan Africa to changes in the real exchange rate was examined. In the majority of the economies, an improvement in export performance has been associated with a depreciation of the exchange rate. In only 2 cases export growth has occurred with exchange rate appreciation. Only a limited number of countries show evidence of a statistically significant and positive relationship.

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