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Assessing Competitiveness and Real Exchange Rate Misalignment in Low-Income Countries

Assessing Competitiveness and Real Exchange Rate Misalignment in Low-Income Countries »

Volume/Issue: 2007/201

Series: IMF Working Papers

Author(s): Mark Lewis , Aurelie Martin , and Gabriel Di Bella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2007

DOI: http://dx.doi.org/10.5089/9781451867657.001

ISBN: 9781451867657

Keywords: Competitiveness, Equilibrium Exchange Rates, Low-Income Countries, reer, exchange rate, export volume, exchange rates, real exchange rate, Comparative Studies of Countries,

Assessing a country's competitiveness routinely starts with an analysis of the real exchange rate. However, in low-income countries, empirical analysis of the real exchange rate is often subject to important limita...

From Toronto Terms to the HIPC Initiative
			: A Brief History of Debt Relief for Low-Income Countries

From Toronto Terms to the HIPC Initiative : A Brief History of Debt Relief for Low-Income Countries »

Volume/Issue: 1999/142

Series: IMF Working Papers

Author(s): Christina Daseking , and Robert Powell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1999

DOI: http://dx.doi.org/10.5089/9781451856231.001

ISBN: 9781451856231

Keywords: External Debt, HIPCs, Low-Income Countries, debt, debt reduction, debt relief, creditors, debt service

The low-income country debt crisis had its origins in weak macroeconomic policies, and official creditors’ willingness to take risks unacceptable to private lenders. Payments problems were initially addresse...