Series: Occasional Papers
Author(s): Alessandro Prati , Luca Ricci , Lone Engbo Christiansen , Stephen Tokarick , and Thierry Tressel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 March 2011
Keywords: External sector, Low-income developing countries, Real effective exchange rates, exchange rate, current account, real exchange rate, foreign assets, net foreign assets
Chapters 1 and 2 of this paper discussed the macrobalance approach, which is one method a researcher can use to determine the extent to which a country’s current account balance deviates from it...