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Export Performance and External Competitiveness in the former Yugoslav Republic of Macedonia, Eva Gutierrez

Abstract
This paper reviews a broad set of indicators of competitiveness in the Macedonian economy and estimates the equilibrium real effective exchange rate (REER) using different methodologies. Although the REER is broadly in equilibrium at present, structural factors are found to hamper competitiveness. While a more competitive exchange rate might improve short-term export performance, sustained improvements require enhanced productivity and resource reallocation to more dynamic sectors, which depends on reforms to improve the business environment
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. CURRENT ACCOUNT BALANCE AND EXTERNAL VULNERABILITIES""; ""III. EXPORT PERFORMANCE""; ""IV. ASSESSING COMPETITIVENESS ""; ""V. CONCLUSIONS AND POLICY IMPLICATIONS""
Language
eng
Literary Form
non fiction
Note
"November 2006"
Physical Description
1 online resource (23 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452746098

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