Economics

The validity of Rodrik's conclusion on real exchange rate and economic growth: factor priority evidence from feature selection approach

M. Seraj, P. Bahramian, et al.

This groundbreaking study explores the role of exchange rates in fostering sustainable economic growth across Germany, South Africa, and Slovakia. Utilizing advanced machine learning techniques, the research reveals that GDP per capita is pivotal for Germany and South Africa, while Slovakia must prioritize its real exchange rate. Conducted by Mehdi Seraj, Pejman Bahramian, Abdulkareem Alhassan, and Rasool Dehghanzadeh Shahabad, this insight invites policymakers to rethink economic strategies tailored to their unique economic structures.