International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Western Hemisphere Dept.
INTERNATIONAL MONETARY FUND
The Methodology review identified three broad areas for improving the EBA-Lite methodology: (1) expanding the fundamentals and policy determinants in the CA and REER regressions to better capture the external balance of EBA-Lite countries; (2) identifying alternatives to regression models for external assessments of large exporters of exhaustible commodities; and (3) a revised approach for the assessment of external sustainability in highly indebted economies. Accordingly, the revised methodology consists of three modules:
1) Regression Module
2) Module for External Assessments of Exporters of Exhaustible Commodities
3) Module for the Assessment of External Sustainability