Tunisia: Selected Issues
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This Selected Issues paper for Tunisia presents a literary survey of the research on constant real exchange rate rule (CRERR). It assesses Tunisia’s experience with CRERR in terms of inflation performance and discusses possible reasons for Tunisia’s apparent success at avoiding the pitfalls of CRERR as predicted by the theoretical models. The paper presents a regression analysis estimating the equilibrium real exchange rate based on different fundamental variables and compares this with the path of the actual exchange rate. The paper also assesses Tunisia’s external competitiveness over the past decade using a range of indicators.
Series:
Country Report No. 2002/120
Subject:
Balance of payments Capital account liberalization Exchange rates Foreign exchange Inflation Prices Real effective exchange rates Real exchange rates
English
Publication Date:
June 17, 2002
ISBN/ISSN:
9781451837834/1934-7685
Stock No:
1TUNEA0022002
Pages:
69
Please address any questions about this title to publications@imf.org