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Tanzania’s Equilibrium Real Exchange Rate / / Niko Hobdari



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Autore: Hobdari Niko Visualizza persona
Titolo: Tanzania’s Equilibrium Real Exchange Rate / / Niko Hobdari Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica: 1 online resource (25 pages) : illustrations, tables
Disciplina: 339.5
Soggetto topico: Equilibrium (Economics)
Foreign exchange rates - Tanzania - Econometric models
Exports and Imports
Foreign Exchange
Current Account Adjustment
Short-term Capital Movements
Trade: General
International Investment
Long-term Capital Movements
Currency
Foreign exchange
International economics
Finance
Real effective exchange rates
Current account deficits
Exports
Foreign direct investment
Exchange rates
Balance of payments
Investments, Foreign
Soggetto geografico: Tanzania, United Republic of
Note generali: Bibliographic Level Mode of Issuance: Monograph
Nota di bibliografia: Includes bibliographical references.
Sommario/riassunto: Tanzania's real effective exchange rate (REER) has depreciated sharply since end-2000, reversing the appreciation that took place in the second half of the 1990s. Single-country and panel data estimates, and the external sustainability approach, suggest that Tanzania's REER is currently modestly undervalued relative to its estimated equilibrium level. Looking forward, a modest trend appreciation of the equilibrium REER is expected, consistent with continued high GDP growth and an expected recovery in terms of trade. In addition, capital inflows to Tanzania could be significantly higher than currently expected, to take advantage of Tanzania's natural resources and strong policy framework. If so, these inflows would contribute to an additional appreciation by as much as 20 percent of the equilibrium REER.
Titolo autorizzato: Tanzania’s Equilibrium Real Exchange Rate  Visualizza cluster
ISBN: 1-4623-2452-5
9786612840906
1-282-84090-8
1-4518-6997-5
1-4519-8426-X
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910788236503321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2008/138