External Balance in Low Income Countries.

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 specific to low income countries, such as the quality of policies and institutions, the spe...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Christiansen, Lone Engbo
Otros Autores: Prati, Alessandro, Ricci, Luca Antonio, Tressel, Thierry
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Macronomics > Econometric models.
Foreign exchange rates > Developing countries.
Finance, Public > Developing countries.
Economic policy
Finance, Public
Foreign exchange rates
Developing countries > Economic policy.
Developing countries
Acceso en línea:Texto completo
Descripción
Sumario: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 specific to low income countries, such as the quality of policies and institutions, the special access to official external financing, and the role of shocks. In addition to more standard factors, we find that domestic financial liberalization is associated with higher current account balances and net foreign asset positions, while capital account liberalization is associated with lower c.
Descripción Física:1 online resource (93 pages)
ISBN:9781452792439
1452792437

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