Exchange Rate and Employment: The Experience of Fast-Growing Economies

This paper forms part of an Human Sciences Research Council project on exchange rates and employment, which seeks to understand the impact of exchange rate fluctuations on employment in South Africa. Ngandu examines the exchange rate policies of countries that achieved rapid, labour-absorbing growth. While exchange rates are only one instrument in an employment and…


Taking Off Into Sustained, Equitable Growth:Lessons From Successes And Failures

Berry offers an extensive set of case studies of economies that achieved sustained high growth. Chapter 1 discusses issues surrounding growth acceleration and current challenge for underperforming developing countries and the empirical record: evidence from countries that have accelerated to high sustained growth. Chapter 2 discusses the experience of Singapore and development strategy/policy prior to…