| Title | : | External Performance in Low-Income Countries |
|---|---|---|
| Author | : | Alessandro Prati, Luca Antonio Ricci, Lone Engbo Christiansen, Stephen Tokarick & Thierry Tressel |
| Release | : | 2011-03-15 |
| Kind | : | ebook |
| Genre | : | Business & Personal Finance, Books |
| Size | : | 4369776 |
| 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. |
