The impact of exchange-rate and trade policy on export performance in the 1980s

The region’s changeover from a shortage of external funds to a relatively plentiful supply of such resources at a time when an effort is being made to liberalize its trade and financial sectors raises a number of questions regarding the effect of this phenomenon on the growth of Latin American exports. In an effort to answer these questions, the author examines a number of different attempts to arrive at a quantitative evaluation of the relationship between exchange and trade policies and the region’s export performance in the 1980s.