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...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 1998/098 |
| Online Access: | Full text available on IMF |
| Summary: | 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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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (92 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |