Assessing Competitiveness and Real Exchange Rate Misalignment in Low-Income Countries /
Assessing a country''s competitiveness routinely starts with an analysis of the real exchange rate. However, in low-income countries, empirical analysis of the real exchange rate is often subject to important limitations that seriously weaken the results. This paper summarizes the methodol...
| Main Authors: | , |
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| Other Authors: | , , |
| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2007
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| Series: | IMF Working Papers ;
Working Paper No. 07/201 IMF Working Papers; Working Paper ; No. 2007/201 IMF eLibrary |
| Subjects: |
Table of Contents:
- Contents; I. Introduction; II. Definitions; The Real Exchange Rate; RER Misalignments; Competitiveness; III. Analysis of Competitiveness and Real Exchange Rate Misalignments in LICs; A. Assessments of Real Exchange Rate Misalignments; Informal Assessments; Formal Assessments; B. Issues complicating RER assessments in LICs; Structural factors; Data issues; C. Non-RER measures of Competitiveness; External Sector Outcomes; Stand-alone Indicators of the Quality of the Business Environment; Synthetic Indicators of the Business Climate
- IV. A suggested Framework for Analyzing Competitiveness in LICsA. A Possible Template; B. The Template at work: General Results for 2005-06; C. The Template at work: Some Specific Country Cases; References; Appendices; I-Equilibrium Exchange Rates and PPP; II-Measures of the Internal Terms of Trade; III-Review of Empirical work; IV-Template Results for Angola, Cambodia, Honduras, Mali, and Uganda