External Performance in Low-Income Countries

Author/Editor:

Alessandro Prati ; Luca A Ricci ; Lone Engbo Christiansen ; Stephen Tokarick ; Thierry Tressel

Publication Date:

March 15, 2011

Electronic Access:

Link to Abstract

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.

Series:

Occasional Paper No. 272

Subject:

English

Publication Date:

March 15, 2011

ISBN/ISSN:

9781616350536/0251-6365

Stock No:

S272EA

Price:

$33.00 (Academic Rate:$31.00)

Format:

Paper

Pages:

71

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