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What Do We Know About Namibia’s Competitiveness?
Author:
Mr. Ken Miyajima
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Series:
IMF Working Papers
Volume/Issue:
Volume 2007: Issue 191
Language:
English
Publication Date:
01 Jul 2007
DOI:
https://doi.org/10.5089/9781451867558.001
ISBN:
9781451867558
ISSN:
1018-5941
Pages:
30
Keywords:
WP; Namibia; sc; REER
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 evaluates Namibia's competitiveness using several traditional indicators; it concludes that, while the real effective exchange rate (REER) is in equilibrium at present?suggesting no imminent need for concern?the country may wish to improve its competitiveness by increasing educational attainment, reducing the skills mismatch, and diversifying its exports. Moreover, although Namibia scores relatively well on survey-based major indicators of structural competitiveness, the business environment can be made more conducive to private sector activity.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund