External Performance in Low-Income Countries
Electronic Access:
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:
Current account Exports Foreign assets Real exchange rates Trade balance
English
Publication Date:
March 15, 2011
ISBN/ISSN:
9781616350536/0251-6365
Stock No:
S272EA
Pages:
71
Please address any questions about this title to publications@imf.org