The Gambia: Selected Issues and Statistical Appendix
March 26, 2007
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This Selected Issues paper assesses The Gambia’s external competitiveness by reviewing developments in several indicators, ranging from exchange rate-based indices to survey-based assessments of the investment climate. The paper reviews the evolution of several multilateral and bilateral real exchange rate indices for The Gambia, and summarizes the results of a regression analysis that tests for misalignment of the exchange rate. The paper also evaluates the degree of autonomy extended to the Central Bank of The Gambia (CBG) under the provisions of the new Central Bank of The Gambia Act, 2005.
Subject: Banking, Exchange rate indexes, Foreign exchange, National accounts, Personal income, Price stabilization, Prices, Real effective exchange rates, Real exchange rates
Keywords: CBG Act, CBG policy, CR, equilibrium REER, exchange rate, Exchange rate indexes, Gambia, government, interest income, investment climate, ISCR, Personal income, Price stabilization, re-export trade, Real effective exchange rates, Real exchange rates, Sub-Saharan Africa, trade weight, West Africa
Pages:
122
Volume:
2007
DOI:
Issue:
126
Series:
Country Report No. 2007/126
Stock No:
1GMBEA2007002
ISBN:
9781451815559
ISSN:
1934-7685
