External performance in low-income countries
著者
書誌事項
External performance in low-income countries
(Occasional paper / International Monetary Fund, no. 272)
International Monetary Fund, c2011
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注記
Includes bibliographical references (p. 60-64)
内容説明・目次
内容説明
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.
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