Tunisia : Selected Issues.

This Selected Issues paper for Tunisia presents a literary survey of the research on constant real exchange rate rule (CRERR). It assesses Tunisia's experience with CRERR in terms of inflation performance and discusses possible reasons for Tunisia's apparent success at avoiding the pitfall...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Staff Country Reports; Country Report ; No. 2002/120
Online Access:Full text available on IMF
Description
Summary:This Selected Issues paper for Tunisia presents a literary survey of the research on constant real exchange rate rule (CRERR). It assesses Tunisia's experience with CRERR in terms of inflation performance and discusses possible reasons for Tunisia's apparent success at avoiding the pitfalls of CRERR as predicted by the theoretical models. The paper presents a regression analysis estimating the equilibrium real exchange rate based on different fundamental variables and compares this with the path of the actual exchange rate. The paper also assesses Tunisia's external competitiveness over the past decade using a range of indicators.
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Physical Description:1 online resource (69 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students