External Performance in Low-Income Countries - Alessandro Prati, Luca Antonio Ricci, Lone Engbo Christiansen, Stephen Tokarick & Thierry Tressel
By Alessandro Prati, Luca Antonio Ricci, Lone Engbo Christiansen, Stephen Tokarick & Thierry Tressel
Release Date: 2011-03-15
Genre: Business & Personal Finance
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.
External Performance in Low-Income Countries - Alessandro Prati, Luca Antonio Ricci, Lone Engbo Christiansen, Stephen Tokarick & Thierry Tressel
By Alessandro Prati, Luca Antonio Ricci, Lone Engbo Christiansen, Stephen Tokarick & Thierry Tressel
Release Date: 2011-03-15
Genre: Business & Personal Finance