Export performance and external competitiveness in the former Yugoslav Republic of Macedonia / prepared by Eva Gutierrez.
This paper reviews a broad set of indicators of competitiveness in the Macedonian economy and estimates the equilibrium real effective exchange rate (REER) using different methodologies. Although the REER is broadly in equilibrium at present, structural factors are found to hamper competitiveness. W...
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Format: | eBook |
Language: | English |
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[Washington, D.C.] :
International Monetary Fund,
©2006.
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Series: | IMF working paper ;
WP/06/261. |
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MARC
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100 | 1 | |a Gutierrez, Eva, |e author. | |
245 | 1 | 0 | |a Export performance and external competitiveness in the former Yugoslav Republic of Macedonia / |c prepared by Eva Gutierrez. |
260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2006. | ||
300 | |a 1 online resource (21 pages) | ||
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347 | |a text file |2 rdaft. | ||
490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/06/261. | |
504 | |a Includes bibliographical references. | ||
505 | 0 | |a Contents -- I. INTRODUCTION -- II. CURRENT ACCOUNT BALANCE AND EXTERNAL VULNERABILITIES -- III. EXPORT PERFORMANCE -- IV. ASSESSING COMPETITIVENESS -- V. CONCLUSIONS AND POLICY IMPLICATIONS. | |
520 | |a This paper reviews a broad set of indicators of competitiveness in the Macedonian economy and estimates the equilibrium real effective exchange rate (REER) using different methodologies. Although the REER is broadly in equilibrium at present, structural factors are found to hamper competitiveness. While a more competitive exchange rate might improve short-term export performance, sustained improvements require enhanced productivity and resource reallocation to more dynamic sectors, which depends on reforms to improve the business environment. | ||
546 | |a English. | ||
588 | 0 | |a Print version record. | |
650 | 0 | |a Competition |z North Macedonia. | |
651 | 0 | |a North Macedonia |x Economic conditions. | |
650 | 7 | |a Competition. |2 fast |0 (OCoLC)fst00871464. | |
650 | 7 | |a Economic history. |2 fast |0 (OCoLC)fst00901974. | |
651 | 7 | |a North Macedonia. |2 fast |0 (OCoLC)fst01212818. | |
776 | 0 | 8 | |i Print version: |a Gutierrez, Eva. |t Export performance and external competitiveness in the former Yugoslav Republic of Macedonia. |d [Washington, D.C.] : International Monetary Fund, ©2006 |w (OCoLC)170884026. |
830 | 0 | |a IMF working paper ; |v WP/06/261. | |
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