Kurs walutowy a struktura wymiany oraz produkcji krajowej

• Authors: Kuchowicz, Witold

Title variants

PL

Currency Exchange Rates and Structure of Trade Exchange and Domestic Production

Abstracts

EN

Ťhe article analyzes interrelationships between the level of currency exchange rates and tne structure of trade exchange and production. These relationships are analyzed successively assuming different currency exchange systems — excluded, restricted and full mechanim of an exchange rate operation, with the system of restricted exchange rates being further disaggregated. In each case, the author analyzes an inlluence ol changes in currency exchange rates on profitability of export, import and domestic production of particular commodity groups and, conseguently, on the structure ol loreign trade and domestic production. There are separately presented consequences of non-balancing flows ol capital for these relationships. The only possibility of ensuring structural changes in the economy compatible with requirements posed by external conditions in a direct and full impact of a flexible exchange rate on internal prices, costs and incomes. While analyzing the impact of a currency exchange rate on internal prices and costs the author discusses also a controversial problem of proinflationary influence of devaluation.

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Acta Universitatis Lodziensis. Folia Oeconomica
• Year: 1989
• Volume: 98

Dates

published

1989

Contributors

author

Kuchowicz, Witold

other

Instytut Ekonomii Politycznej, Uniwersytet Łódzki

Identifiers

URI

http://hdl.handle.net/11089/6905