External Performance in Low-Income Countries

Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically applied to poorer nations. This paper uses a large database, unique in the set of indicators and num...

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Bibliographic Details
Main Author: Prati, Alessandro
Other Authors: Ricci, Luca, Christiansen, Lone Engbo, Tokarick, Stephen
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:Occasional Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically applied to poorer nations. This paper uses a large database, unique in the set of indicators and number of countries it covers, to estimate the relationship in low-income countries between a set of fundamentals in the medium to long term and the real effective exchange rate, the current account, and the net external assets position
Physical Description:71 pages
ISBN:9781616350536