Series: IMF Working Papers
Author(s): Bassem Kamar , Damyana Bakardzhieva , Samy Ben Naceur , and Sami Ben Naceur
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2010
Keywords: Real Exchange Rate, Competitiveness, FDI, Foreign Exchange Flows, Panel Data Econometrics, reer, exchange rate, Open Economy Macroeconomics, International Factor Movements And International Business,
Attracting capital and foreign exchange flows is crucial for developing countries. Yet, these flows could lead to real exchange rate appreciation and may thus have detrimental effects on competitiveness, jeopardizi...