Focal Interest
Focal Interest

Balance of trade

  1. REER movements show no significant effect on EU trade balances
    Study finds exchange rate movements don't significantly affect EU trade balances; domestic absorption and inflation prove more important drivers of external adjustment.
  2. Exchange rate shifts affected only three of fifteen industries
    Industry-level analysis of S-curve exchange rate effects on Pakistan-Japan bilateral trade reveals limited efficacy of depreciation for improving trade balance outcomes.