03529oam 22008894 450 991078840660332120230828235842.01-4623-2658-71-4527-4609-51-283-51566-01-4519-0974-89786613828118(CKB)3360000000443739(EBL)3014398(SSID)ssj0000940796(PQKBManifestationID)11586353(PQKBTitleCode)TC0000940796(PQKBWorkID)10955903(PQKB)11541615(OCoLC)698585667(MiAaPQ)EBC3014398(IMF)WPIEE2006261(EXLCZ)99336000000044373920020129d2006 uf 0engur|n|---|||||txtccrExport Performance and External Competitiveness in the former Yugoslav Republic of Macedonia /Eva GutierrezWashington, D.C. :International Monetary Fund,2006.1 online resource (23 p.)IMF Working Papers"November 2006".1-4518-6521-X Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. CURRENT ACCOUNT BALANCE AND EXTERNAL VULNERABILITIES""; ""III. EXPORT PERFORMANCE""; ""IV. ASSESSING COMPETITIVENESS ""; ""V. CONCLUSIONS AND POLICY IMPLICATIONS""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.IMF Working Papers; Working Paper ;No. 2006/261CompetitionNorth MacedoniaExports and ImportsimfForeign ExchangeimfCurrent Account AdjustmentimfShort-term Capital MovementsimfTrade: GeneralimfCurrencyimfForeign exchangeimfInternational economicsimfReal exchange ratesimfReal effective exchange ratesimfCurrent accountimfExchange ratesimfExportsimfBalance of paymentsimfNorth MacedoniaEconomic conditionsNorth Macedonia, Republic ofimfCompetitionExports and ImportsForeign ExchangeCurrent Account AdjustmentShort-term Capital MovementsTrade: GeneralCurrencyForeign exchangeInternational economicsReal exchange ratesReal effective exchange ratesCurrent accountExchange ratesExportsBalance of paymentsGutierrez Eva1462116DcWaIMFBOOK9910788406603321Export Performance and External Competitiveness in the former Yugoslav Republic of Macedonia3850037UNINA