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.
| ISBN: | 9781616350536 |
| Publication date: | 30th June 2011 |
| Author: | Alessandro Prati, International Monetary Fund |
| Publisher: | International Monetary Fund |
| Format: | Paperback |
| Pagination: | 64 pages |
| Series: | Occasional Paper |
| Genres: |
Economic systems and structures |
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.
External Performance in Low-Income Countries features in the following genres: Economic systems and structures
Paperback. Not Available.
External Performance in Low-Income Countries was written by Alessandro Prati, International Monetary Fund and published by International Monetary Fund
External Performance in Low-Income Countries has 64 pages
Yes it is part of Occasional Paper series