This paper first analyzes the impact of capital inflows on the real effective exchange rate for
a sample of 42 emerging and developing countries over the period 1980–2006. The results …

Considerable attention has been given in the economic literature to Dutch disease, with
symptoms of the disease being extensively described in many different contexts. Dutch …

This paper demonstrates that the Dutch disease need not materialize in low-income
countries that can draw on their idle productive capacity to satisfy the aid-induced increased …

International aid has an ambiguous effect on the macroeconomy of the recipient country. To
the extent that aid raises consumer expenditure, there will be some real exchange rate …

This paper empirically examines the effect of foreign capital inflows on domestic price levels,
monetary expansion, and the exchange rate volatility for Pakistan using linear and nonlinear …

This paper closes a gap in the relevant literature by investigating the role of a country's
competitiveness on international capital mobility using robust panel multiple regressions …

An exogenous inflow of foreign exchange can lead to an appreciation of the currency of the
receiving country, a deterioration of its competitiveness and a fall in net exports. Economic …

The impact of aid on the macro-economy is ambiguous. Aid that increases expenditure may
cause real exchange rate appreciation. However, if the capital stock in the traded goods …

This paper analyzes the impact of capital inflows and the exchange rate regime on the real
effective exchange rate. A wide range of developing countries (42 countries) is considered …

This study examines the effect of foreign capital inflow on domestic credit to the private
sector in sub‐Saharan Africa (SSA). Estimates based on the system‐generalized method of …