| Description |
1 online resource (27 pages) : illustrations |
| Series |
IMF working paper, 2227-8885 ; WP/02/190 |
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IMF working paper ; WP/02/190.
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| Summary |
Over the past decade or so, Tunisia has experienced a strong economic performance while pursuing a constant real exchange rate rule (CRERR). The limitations of this rule are now beginning to emerge in the context of a more open economy, regional integration, a more market-based monetary policy, and the desire to relax capital controls. This paper explores how Tunisia avoided the pitfalls of real exchange rate targeting as predicted by the theoretical models. By estimating the equilibrium real exchange rate based on fundamental variables and assessing different measures of competitiveness, the paper finds no evidence of a misalignment in the current level of the exchange rate |
| Bibliography |
Includes bibliographical references (pages 26-27) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Foreign exchange rates -- Tunisia
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Currency question -- Tunisia
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Monetary policy -- Tunisia
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Currency question.
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Foreign exchange rates.
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Monetary policy.
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Tunisia.
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| Form |
Electronic book
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| Author |
Fanizza, Domenico
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International Monetary Fund. Middle Eastern Department.
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| ISBN |
1451905033 |
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9781451905038 |
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1462370039 |
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9781462370030 |
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1452798613 |
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9781452798615 |
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1282109820 |
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9781282109827 |
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9786613802712 |
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6613802719 |
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