Cover External Performance in Low-Income Countries
External Performance in Low-Income Countries
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Abstract

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.

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Author:
Mr. Alessandro Prati
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,
Mr. Luca A Ricci
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,
Lone Engbo Christiansen
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Mr. Stephen Tokarick
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Mr. Thierry Tressel
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Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
15 Mar 2011
DOI:
https://doi.org/10.5089/9781616350536.084
ISBN:
9781616350536
ISSN:
0251-6365
Pages:
71
Keywords:
OP; liberalization
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.
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