{
  "title": "The Revised EBA-Lite Methodology",
  "publication": "Policy Papers, July 3, 2019",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2019/07/03/the-revised-eba-lite-methodology-47088",
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  "summary": "The Methodology review identified three broad areas for improving the EBA-Lite methodology: (1) expanding the fundamentals and policy determinants in the CA and REER regressions to better capture the external balance of EBA-Lite countries; (2) identifying alternatives to regression models for extern",
  "sections": [
    {
      "heading": "Key findings from the Methodology review",
      "content": "- The review identified three broad areas for improving the EBA-Lite methodology:\n  - (1) expanding the fundamentals and policy determinants in the CA and REER regressions to better capture the external balance of EBA-Lite countries;\n  - (2) identifying alternatives to regression models for external assessments of large exporters of exhaustible commodities; and\n  - (3) a revised approach for the assessment of external sustainability in highly indebted economies."
    },
    {
      "heading": "Revised methodology structure",
      "content": "- The revised methodology consists of three modules:\n  - 1) Regression Module\n  - 2) Module for External Assessments of Exporters of Exhaustible Commodities\n  - 3) Module for the Assessment of External Sustainability"
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subjects:\n  - Balance of payments\n  - Current account\n  - Environment\n  - Expenditure\n  - External balance assessment lite (EBA-Lite)\n  - External position\n  - Health care spending\n  - Natural disasters\n- Keywords:\n  - CA balance\n  - CA model\n  - Current account\n  - current account model\n  - current-account norm\n  - exchange rate\n  - External balance assessment lite (EBA-Lite)\n  - fiscal policy\n  - fiscal policy gap\n  - Global\n  - Health care spending\n  - Natural disasters\n  - PP\n  - regression model\n  - saving-investment balance\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2019/07/03/the-revised-eba-lite-methodology-47088"
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    "Published: July 3, 2019",
    "Series: Policy Papers",
    "DOI: https://doi.org/10.5089/9781498324373.007",
    "The review identified three broad areas for improving the EBA-Lite methodology:",
    "The revised methodology consists of three modules:",
    "Subjects:",
    "Keywords:",
    "**Policy Paper**"
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