Publication
Feb 2007
This paper analyzes the short-term effects of the copper boom in Zambia and the resulting exchange rate appreciation. It suggests possible ways through which short- and long-term effects operate and discusses what possible policies may help to maximize the benefits from the large inflow of foreign exchange and minimize its potential negative impact. The paper argues that an economy needs to be flexible enough to adapt to changing conditions such as price fluctuation.
Download |
English (PDF, 29 pages, 305 KB) |
---|---|
Author | Massimiliano Calì, Dirk Willem te Velde |
Series | ODI Working Papers |
Issue | 279 |
Publisher | Overseas Development Institute (ODI) |
Copyright | © 2007 Overseas Development Institute (ODI) |