LEADER 03485oam 22009134 450 001 9910788229903321 005 20230721045657.0 010 $a1-4623-0027-8 010 $a1-4527-5813-1 010 $a1-4518-7312-3 010 $a1-282-84378-8 010 $a9786612843785 035 $a(CKB)3170000000055319 035 $a(SSID)ssj0000940044 035 $a(PQKBManifestationID)11600615 035 $a(PQKBTitleCode)TC0000940044 035 $a(PQKBWorkID)10946361 035 $a(PQKB)11405491 035 $a(OCoLC)649746406 035 $a(MiAaPQ)EBC1608394 035 $a(IMF)WPIEE2009165 035 $a(EXLCZ)993170000000055319 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 13$aAn Assessment of External Price Competitiveness for Mozambique /$fFrancis Vitek 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a20 p. $cill 225 1 $aIMF Working Papers 300 $a"August 2009." 311 $a1-4519-1740-6 330 3 $aThis paper conducts an assessment of external price competitiveness for Mozambique. A variety of indicators suggest that Mozambique has recently lost external price competitiveness with respect to its major trading partners. Consistent with these indicators, an exchange rate assessment indicates that the metical is overvalued by 26 to 41 percent in real effective terms. If sustained, an overvaluation of this magnitude has the potential to retard economic growth and jeopardize external stability, calling for an adjustment of monetary policy to gradually restore external price competitiveness. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/165 606 $aCompetition$zMozambique 606 $aPrices$zMozambique 606 $aExports and Imports$2imf 606 $aForeign Exchange$2imf 606 $aGlobalization$2imf 606 $aCurrent Account Adjustment$2imf 606 $aShort-term Capital Movements$2imf 606 $aGlobalization: General$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aInternational economics$2imf 606 $aReal effective exchange rates$2imf 606 $aCurrent account balance$2imf 606 $aNominal effective exchange rate$2imf 606 $aReal exchange rates$2imf 606 $aGlobal competitiveness$2imf 606 $aBalance of payments$2imf 607 $aMozambique$xEconomic conditions 607 $aMozambique, Republic of$2imf 615 0$aCompetition 615 0$aPrices 615 7$aExports and Imports 615 7$aForeign Exchange 615 7$aGlobalization 615 7$aCurrent Account Adjustment 615 7$aShort-term Capital Movements 615 7$aGlobalization: General 615 7$aCurrency 615 7$aForeign exchange 615 7$aInternational economics 615 7$aReal effective exchange rates 615 7$aCurrent account balance 615 7$aNominal effective exchange rate 615 7$aReal exchange rates 615 7$aGlobal competitiveness 615 7$aBalance of payments 700 $aVitek$b Francis$01485142 712 02$aInternational Monetary Fund.$bStrategy, Policy, and Review Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788229903321 996 $aAn Assessment of External Price Competitiveness for Mozambique$93704128 997 $aUNINA