Occasional Papers

External Performance in Low-Income Countries

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

March 15, 2011

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Format: Chicago

Alessandro Prati, Luca A Ricci, Lone Engbo Christiansen, Stephen Tokarick, and Thierry Tressel. External Performance in Low-Income Countries, (USA: International Monetary Fund, 2011) accessed April 18, 2025

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.

Subject: Current account, Exports, Foreign assets, Real exchange rates, Trade balance

Keywords: Liberalization, OP

Publication Details

  • Pages:

    71

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Occasional Papers

  • Stock No:

    S272EA

  • ISBN:

    9781616350536

  • ISSN:

    0251-6365

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