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External Performance in Low-Income Countries
Mr.Alessandro Prati
Mr.Luca Antonio Ricci
Lone Engbo Christiansen
Mr.Stephen Tokarick
Mr.Thierry Tressel
出版
International Monetary Fund
, 2011-03-15
主題
Business & Economics / Exports & Imports
Business & Economics / Foreign Exchange
Business & Economics / Economics / Theory
ISBN
1616350539
9781616350536
URL
http://books.google.com.hk/books?id=bLgaEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
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.