Exchange Rates and the Management of the External Sector in Sub-Saharan Africa

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Periodical article

Title:	Exchange Rates and the Management of the External Sector in Sub-Saharan Africa
Author:	Rwegasira, Delphin G.
Year:	1984
Periodical:	Journal of Modern African Studies
Volume:	22
Issue:	3
Period:	September
Pages:	451-467
Language:	English
Geographic term:	Subsaharan Africa
Subjects:	terms of trade international relations Economics and Trade
External link:	https://www.jstor.org/stable/160455
Abstract:	The 1970s have been characterised by growing balance-of-payments deficits, attributable to external as well as internal factors. During this decade the volume of imports expanded by an estimated 5.8% annually, while the terms of trade worsened significantly. This article's main preoccupation is the possible effectiveness of exchangerate changes in the management of the balance of payments in sub-Saharan African countries. Sections: some structural characteristics -agriculture and minerals - manufacturing and tourism - some macro-economic issues. Notes.