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Assessing Competitiveness After Conflict: The Case of the Central African Republic
Author:
Mr. Mark W Lewis
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Mr. Jean-Claude Nachega
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Mr. Said A Bakhache
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Mr. Kadima D. Kalonji
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Series:
IMF Working Papers
Volume/Issue:
Volume 2006: Issue 303
Language:
English
Publication Date:
01 Dec 2006
DOI:
https://doi.org/10.5089/9781451865639.001
ISBN:
9781451865639
ISSN:
1018-5941
Pages:
23
Keywords:
WP; country; transport; transport cost; cost
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper assesses competitiveness in the case of the Central African Republic, a postconflict country. The paper presents several conventional techniques for assessing competitiveness, namely the real exchange rate and recent trade performance. Several other measures are considered, in particular transport costs and governance measures, which may be more effective in capturing the obstacles to competitiveness posed by the poor security environment and weak institutions common to many post-conflict situations. The real exchange measure and trade measures suggest some mild erosion of competitiveness in recent years, while the other measures indicate that the competitiveness challenges faced by the Central African Republic are much deeper.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund