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Author/Editor:
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Prati, Alessandro ; Ricci, Luca Antonio ; Christiansen, Lone Engbo ; Tokarick, Stephen ; Tressel, Thierry
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Publication Date:
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March 15, 2011
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Electronic Access:
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Link to Abstract
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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.
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Series:
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Occasional Paper No. 272
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Subject(s):
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Current account | External sector | Low-income developing countries | Real effective exchange rates
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English
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Publication Date:
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March 15, 2011
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ISBN/ISSN:
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978-1-61635-053-6
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Format:
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Paper
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Stock No:
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S272EA
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Price:
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Please address any questions about this title to
publications@imf.org
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