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

Export Performance and External Competitiveness in the former Yugoslav Republic of Macedonia
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 READ MORE...

Publication date: November 2006
ISBN 9781451865219
$18.00

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