Purchasing Power Parity (PPP) remains a cornerstone of international economics, positing that in the long run exchange rates should adjust so that identical goods and services cost the same across ...
Exchange rate pass‐through refers to the extent to which fluctuations in the nominal exchange rate affect domestic prices—both at the producer and consumer levels. This dynamic plays a pivotal role in ...
As the world economy faces unprecedented shifts, the dynamics of global trade, exchange rates and capital flows are evolving in ways that challenge established economic theory and policy frameworks.
By Anane Agyei, PhDGhana’s economic fortunes have long been tied to the ebb and flow of its currency- the Cedi. Over the past ...