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150128 ||| eng |
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|a 1451815638
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|z 9781451815634
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|a 9781451815634
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|a The Gambia
|h electronic resource
|b Selected Issues and Statistical Appendix
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2008, 2008
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300 |
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|a 81 p.
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651 |
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|a Gambia, The
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653 |
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|a Current Account Deficit
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653 |
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|a Current Account
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|a Exchange Rate
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653 |
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|a Current Account Balance
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710 |
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|a International Monetary Fund
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|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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|a IMF Staff Country Reports; Country Report
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|a 10.5089/9781451815634.002
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|u http://elibrary.imf.org/view/IMF002/09667-9781451815634/09667-9781451815634/09667-9781451815634.xml
|x Verlag
|3 Volltext
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|a 330
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|a This Selected Issues paper and Statistical Appendix for The Gambia underlies that the exchange rate is broadly in line with fundamentals, although data weaknesses and uncertainties prevent a definitive assessment. The Gambia's current account deficit is higher than economic fundamentals would predict, and a depreciation of 11 percent would be needed to restore sustainability. The external sustainability approach suggests that 4-6 percent depreciation is needed for the current account deficit to be consistent with constant net foreign assets as a share of GDP.
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