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External Perfomance in Low-Income Countries
Stephen Tokarick • Theirry Tressel • Alessandro Prati • Luca Antonio Rici • Lone Engbo Christiansen
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Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically applied to poorer nations. This paper uses a large database, unique in the set of indicators and number of countries it covers, to estimate the relationship in low-income countries between a set of fundamentals in the medium to long term and the real effective exchange rate, the current account, and the net external assets position.
- Format: Pocket/Paperback
- ISBN: 9781616350536
- Språk: Engelska
- Antal sidor: 71
- Utgivningsdatum: 2011-06-30
- Förlag: International Monetary Fund (IMF)