External Balance in Low Income Countries »
Journal Issue
Volume/Issue: 2009/221
Series: IMF Working Papers
Author(s): Lone Engbo Christiansen , Alessandro Prati , Luca Ricci , and Thierry Tressel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2009
DOI: http://dx.doi.org/10.5089/9781451873689.001
ISBN: 9781451873689
Keywords: real exchange rate, net foreign assets, exchange rate, capital account liberalization, International Lending and Debt Problems,
This paper offers a coherent empirical analysis of the determinants of the real exchange rate, the current account, and the net foreign assets position in low income countries. The paper focuses on indicators speci...