Cyprus : Selected Issues.

This Selected Issues paper examines the adequacy of Cyprus' economic competitiveness. The paper looks at the recent behavior of conventional indicators of competitiveness, estimates Cyprus' equilibrium real exchange rate, and provides an econometric analysis of the main determinants of ser...

Deskribapen osoa

Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1998.
Saila:IMF Staff Country Reports; Country Report ; No. 1998/098
Sarrera elektronikoa:Full text available on IMF
Deskribapena
Gaia:This Selected Issues paper examines the adequacy of Cyprus' economic competitiveness. The paper looks at the recent behavior of conventional indicators of competitiveness, estimates Cyprus' equilibrium real exchange rate, and provides an econometric analysis of the main determinants of service exports. The overall conclusion is that the country's current level of the real effective exchange rate is in line with savings-investment fundamentals, but that the recent unfavorable trends in public savings and relative unit labor costs should be reversed to avoid problems in the medium term. The paper also analyzes the financial reform in Cyprus.
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Deskribapen fisikoa:1 online resource (92 pages)
Formatua:Mode of access: Internet
ISSN:1934-7685
Sartu:Electronic access restricted to authorized BRAC University faculty, staff and students