{
  "title": "2017 External Sector Report Individual Economy Assessments",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2017/07/27/2017-external-sector-report-individual-economy-assessments",
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  "summary": "The external sector assessments use a wide range of methods, including the External Balance Assessment (EBA) developed by the IMF&rsquo;s Research Department to estimate desired current account balances and real exchange rates (see IMF <a href=\"http://www.imf.org/external/pubs/cat/longres.aspx?",
  "sections": [
    {
      "heading": "Methodology and scope",
      "content": "- Uses a wide range of methods, including the External Balance Assessment (EBA) developed by the IMF’s Research Department to estimate desired current account balances and real exchange rates.\n- References IMF Working Paper WP/13/272 for a complete description of the EBA methodology and Annex I of the 2015 External Sector Report for more recent refinements.\n- Overall assessments are based on the judgment of IMF staff drawing on inputs from model estimates and other analysis.\n- Because estimates are subject to uncertainty, overall assessments are presented in ranges.\n- External sector assessments are based on data and IMF staff projections as of June 15th, 2017."
    },
    {
      "heading": "External indicators analyzed",
      "content": "- Current account.\n- Real effective exchange rate.\n- Capital and financial accounts flows and measures.\n- FX intervention and reserves.\n- Foreign asset or liability position."
    },
    {
      "heading": "Interaction with authorities",
      "content": "- Individual economy assessments are discussed with the respective authorities as part of bilateral surveillance."
    },
    {
      "heading": "Metadata and subjects covered",
      "content": "- Subject areas: Capital flows, Cross country analysis, Current account, Developed countries, Emerging markets, External sector, External Sector Report, Foreign exchange intervention, Real effective exchange rates.\n- Publication date: July 28, 2017.\n- Format note: Download PDF available.\n\n2017 External Sector Report Individual Economy Assessments, July 28, 2017\n\n---\n\n Content in this bundle\n\n- 2017 External Sector Report—Individual Economy Assessments\n  - 2017 External Sector Report—Individual Economy Assessments (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 2017 External Sector Report—Individual Economy Assessments (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2017/07/27/2017-external-sector-report-individual-economy-assessments"
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    "Published: July 28, 2017",
    "Uses a wide range of methods, including the External Balance Assessment (EBA) developed by the IMF’s Research Department to estimate desired current account balances and real exchange rates.",
    "References IMF Working Paper WP/13/272 for a complete description of the EBA methodology and Annex I of the 2015 External Sector Report for more recent refinements.",
    "Overall assessments are based on the judgment of IMF staff drawing on inputs from model estimates and other analysis.",
    "Because estimates are subject to uncertainty, overall assessments are presented in ranges.",
    "External sector assessments are based on data and IMF staff projections as of June 15th, 2017.",
    "Current account.",
    "Real effective exchange rate.",
    "Capital and financial accounts flows and measures.",
    "FX intervention and reserves.",
    "Foreign asset or liability position.",
    "Individual economy assessments are discussed with the respective authorities as part of bilateral surveillance.",
    "Subject areas: Capital flows, Cross country analysis, Current account, Developed countries, Emerging markets, External sector, External Sector Report, Foreign exchange intervention, Real effective exchange rates.",
    "Publication date: July 28, 2017.",
    "Format note: Download PDF available.",
    "**2017 External Sector Report—Individual Economy Assessments**"
  ],
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