928 resultados para Illinois. Dept. of Business and Economic Development.


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Issues for Mar. 1974- called no. 1-

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"Prepared and coordinated under the direction of Robert Ferber, associate director of the Bureau of Business and Economic Research, University of Illinois."

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Mode of access: Internet.

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"This publication is available from IIRA in print and on the IIRA website."--T.p. verso.

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Subsequent issues published by Board under its later form of name: Dept. of Business and Economic Development.

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Mode of access: Internet.

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Issue for Oct. 1973/Mar. 1974 has title: Calendar of events.

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The objectives of this paper are twofold. First, it intends to provide theoretical elements to analyze the relation between real exchange rates and economic development. Our main hypothesis is very much in line with the Dutch disease literature, and states that competitive currencies contribute to the existence and maintenance of the anufacturing sector in the economy. This, in turn, brings about higher growth rates in the long run, given the existence of increasing returns in the industrial sector, and its importance in generating echnological change and increasing productivity in the overall economy. The second objective of this paper is empirical. It intends to analyze examples of successful exchange rate policies, such as Chile and Indonesia in the eighties, as a benchmark for comparison with countries where currency overvaluation has taken place, such as Brazil. In the latter case, the local currency is being inflated by large capital inflows, due to high domestic interest rates and to a boom in demand and prices of commodities in the international markets. It will be argued that the industrial sector bears most of the burden when the currency appreciates, and that Brazil risks at deindustrialization if there are no changes in the exchange rate regime

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Aided financially by a Federal grant from the Urban Renewal Administration of the Dept. of Housing and Urban Development.

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"Prepared ... by Charles P. Carlson and Jean Hommerding."

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Cover title.

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Prepared by the Research Division of the Dept. of Business and Economic Development under contract with the Illinois Institute of Natural Resources.