References

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Joyce, J.P. and L. Kamas, 2003. Real and nominal determinants of real exchange rate in Latin America: Short-run and long-run equilibrium. J. Dev. Stud., 39: 155-182.

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Lizondo, J.S. and P.J. Montiel, 1989. Contractionary devaluation in developing countries: An analytical overview. Staff Papers Int. Monetary Fund., 36: 182-227.
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Loxley, J., 1990. Structural adjustment in Africa: Reflections on Ghana and Gambia. Rev. Afr. Political Econ., 47: 8-27.

Montiel, P.J., 1999. Determinants of the Long-Run Equilibrium Real Exchange Rate: An Analytical Model. In: Exchange Rate Misalignment: Concepts and Measurements for Developing Countries, Hinkle, L.E. and P.J. Montiel (Eds.). Oxford University Press, New York, ISBN: 019521126, pp: 114.

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Tanzi, V., 1989. The impact of macroeconomic policies on the level of taxation on the fiscal balance in developing countries. Staff Papers Int. Monetary Fund., 36: 633-656.
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