Real exchange rate has direct effects on trade particularly on international trade and has indirect effects on productions and employments, so it is crucial to understand the factors which determine its variations. This study analyses the main determinants of the real exchange rate and the dynamic adjustment of the real exchange rate following shocks to those determinants using yearly Ethiopian...
The rural-urban gap in development attainment has attracted the attention of many economists. Lewis, Fei-Ranis, and Harish-Todaro models focus on the rural-urban dualism in underdeveloped economies and proceed to illustrate how the economies get transformed in the process of development. When India attained independence in 1947, it was a predominantly rural, agricultural and colonially exploited...
Nigeria has a great potential to build a diversified sustainable and prosperous economy. Conversely, Nigeria has economic problems, her poverty situation is alarming though it records an impressive rate of economic growth which grew at an average 7.6% between 2003 and 2010(World Bank 2011), but this did not lead to sustainable development. This research work presents the position of agricultural...
This paper examines the role of commodity futures market as an instrument of hedging against price risk. Hedging is the practice of offsetting the price risk in a cash market by taking an opposite position in the futures market. By taking a position in the futures market, which is opposite to the position held in the spot market, the producer can offset the losses in the latter with the gains in...
Agricultural is the backbone of India. In India, majority of the places are occupied by agricultural land. There are lot of people working in this sector. Unfortunately the farmers are very poor in the economical level. Paddy cultivation is the major cultivation in agricurture sector. This paper is going to study about the status of agricultural farmers. Factors influencing to choose the...