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External Performance in Low-Income Countries

Author/Editor: Prati, Alessandro | Ricci, Luca Antonio | Christiansen, Lone Engbo | Tokarick, Stephen | Tressel, Thierry
Published: March 15, 2011
Electronic Access: Link to Abstract

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(s): Current account | External sector | Low-income developing countries | Real effective exchange rates
 
English  
    Published:   March 15, 2011        
    ISBN/ISSN:   978-1-61635-053-6   Format:   Paper
    Stock No:   S272EA        
    Price:   US$33.00 (Academic Rate: US$31.00 )
       
     
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