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150128 ||| eng |
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|a 9781451869972
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100 |
1 |
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|a Hobdari, Niko
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245 |
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|a Tanzania’s Equilibrium Real Exchange Rate
|c Niko Hobdari
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2008
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300 |
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|a 23 pages
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651 |
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4 |
|a Tanzania, United Republic of
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653 |
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|a Investments, Foreign
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653 |
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|a Finance
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653 |
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|a Short-term Capital Movements
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653 |
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|a Currency; Foreign exchange
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653 |
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|a Current Account Adjustment
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653 |
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|a Balance of payments
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653 |
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|a Real effective exchange rates
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653 |
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|a Long-term Capital Movements
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653 |
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|a Trade: General
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653 |
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|a Exports and Imports
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653 |
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|a International economics
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653 |
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|a Foreign Exchange
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653 |
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|a Exports
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653 |
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|a Exchange rates
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653 |
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|a Foreign exchange
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653 |
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|a Current account deficits
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653 |
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|a Foreign direct investment
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653 |
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|a International Investment
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041 |
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Working Papers
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028 |
5 |
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|a 10.5089/9781451869972.001
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2008/138/001.2008.issue-138-en.xml?cid=21989-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a Tanzania's real effective exchange rate (REER) has depreciated sharply since end-2000, reversing the appreciation that took place in the second half of the 1990s. Single-country and panel data estimates, and the external sustainability approach, suggest that Tanzania's REER is currently modestly undervalued relative to its estimated equilibrium level. Looking forward, a modest trend appreciation of the equilibrium REER is expected, consistent with continued high GDP growth and an expected recovery in terms of trade. In addition, capital inflows to Tanzania could be significantly higher than currently expected, to take advantage of Tanzania's natural resources and strong policy framework. If so, these inflows would contribute to an additional appreciation by as much as 20 percent of the equilibrium REER.
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