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Exchange Rate Volatility And Disaggregated Manufacturing Exports: Evidence From An Emerging Country, Duc Hong Vo, Anh The Vo, Zhaoyong Zhang

Research outputs 2014 to 2021

The link between export performance and exchange rate policy has been attracting attention from policymakers, academics, and practitioners for some time, particularly for emerging countries. It has been recently claimed that implementing a policy that devalues the currency in Vietnam is an important factor for enhancing its export performance. However, it is also argued that such a policy could result in the harmful consequence of exchange rate volatility. This study analyzes the link between exchange rate devaluation, volatility, and export performance. The analysis focuses on the manufacturing sector and 10 of its subsectors that were engaged in the export of …