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Record Nr. |
UNINA9910825976003321 |
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Autore |
Eyraud Luc |
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Titolo |
Madagascar : a competitiveness and exchange rate assessment / / Luc Eyraud |
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Pubbl/distr/stampa |
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[Washington, D.C.], : International Monetary Fund, 2009 |
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ISBN |
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1-4623-6687-2 |
1-4518-7254-2 |
1-4519-8827-3 |
1-282-84322-2 |
9786612843228 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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Collana |
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IMF working paper ; ; WP/09/107 |
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Disciplina |
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Soggetti |
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Competition - Madagascar |
Foreign exchange rates - Madagascar |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Bibliographic Level Mode of Issuance: Monograph |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Intro -- CONTENTS -- I. Introduction -- II. Export Performance of Madagascar -- A. Export Acceleration and Better Trade Specialization Since the 1990s -- B. Decline in Market Share Since the 1990s -- III. Price Competitiveness: A Descriptive Analysis -- A. Real Depreciation of the Ariary During the 1980s -- B. Real Appreciation of the Ariary since 2004 -- IV. Price Competitiveness: Exchange Rate Assessment -- A. The Macroeconomic Balance Approach -- B. The External Sustainability Approach -- C. The Equilibrium Real Exchange Rate Approach -- V. Nonprice Competitiveness: A Descriptive Analysis -- A. Assessment of Structural Competitiveness -- B. Constraints on Trade and Business in Madagascar and Mauritius -- VI. Conclusions and Policy Implications -- APPENDIX -- List of Figures -- 1: Growth in Export Volume -- 2: Structure of Exports in Value -- 3: Nominal Market Share Since 1980 -- 4: Market Share in Nominal and Real Terms since 1990 -- 5: Real Market Share Relative to SADC and Asian Competitors -- 6: Real Effective Exchange Rate -- 7: Consumer Price Index -- 8: Nominal and Real Effective Exchange Rates -- 9: Results from the MB Method -- 10: NEP-Stabilizing CA -- 11: Actual and Estimated REER of the Ariary -- |
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