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Assessing Competitiveness After Conflict

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Author Info

  • Mark Lewis
  • Jean-Claude Nachega
  • Said Bakhache
  • Kadima D. Kalonji
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    Abstract

    This paper assesses competitiveness in the case of the Central African Republic, a postconflict country. The paper presents several conventional techniques for assessing competitiveness, namely the real exchange rate and recent trade performance. Several other measures are considered, in particular transport costs and governance measures, which may be more effective in capturing the obstacles to competitiveness posed by the poor security environment and weak institutions common to many post-conflict situations. The real exchange measure and trade measures suggest some mild erosion of competitiveness in recent years, while the other measures indicate that the competitiveness challenges faced by the Central African Republic are much deeper.

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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 06/303.

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    Length: 23
    Date of creation: 01 Dec 2006
    Date of revision:
    Handle: RePEc:imf:imfwpa:06/303

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    Related research

    Keywords: Trade; Transport; Governance; transport costs; exchange rate; exchange rates; transport cost; real exchange rates; real exchange rate; terms of trade; trade performance; external trade; trade deficit; home currency; export performance; balance of payments; real effective exchange rate; exchange rate policy; investor protection; international trade; foreign exchange; exchange rate movements; nominal exchange rate; effective exchange rate; effective exchange rates; movements in exchange rates; factor markets; open economy; fixed exchange rate; trade barriers; equilibrium exchange rate; trade data; market exchange rate; export earnings; domestic prices; trade reforms; world prices; exchange rate behavior; exchange rate misalignment; trade liberalization; domestic production; imported goods; exchange rate changes; commercial policy; tariff rates; external tariff; per capita income; competitive market; competitive position; quantitative restrictions; monetary union; export diversification; nontariff barriers; external shocks; trade costs; common market; trade protection; external protection;

    This paper has been announced in the following NEP Reports:

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. James E. Anderson & Eric van Wincoop, 2004. "Trade Costs," NBER Working Papers 10480, National Bureau of Economic Research, Inc.
    2. Limao, Nuno & Venables, Anthony J., 1999. "Infrastructure, geographical disadvantage, and transport costs," Policy Research Working Paper Series 2257, The World Bank.
    3. Johan Mathisen, 2003. "Estimation of the Equilibrium Real Exchange Rate for Malawi," IMF Working Papers 03/104, International Monetary Fund.
    4. Ronald MacDonald & Luca Antonio Ricci, 2003. "Estimation of the Equilibrium Real Exchange Rate for South Africa," IMF Working Papers 03/44, International Monetary Fund.
    5. Michael Faye & John McArthur & Jeffrey Sachs & Thomas Snow, 2004. "The Challenges Facing Landlocked Developing Countries," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 5(1), pages 31-68.
    6. Johansen, Soren, 1995. "Likelihood-Based Inference in Cointegrated Vector Autoregressive Models," OUP Catalogue, Oxford University Press, number 9780198774501.
    7. Dhaneshwar Ghura & Benoît Mercereau, 2004. "Political Instability and Growth," IMF Working Papers 04/80, International Monetary Fund.
    8. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
    9. Hinkle, Lawrence E. & Monteil, Peter J. (ed.), 1999. "Exchange Rate Misalignment: Concepts and Measurement for Developing Countries," OUP Catalogue, Oxford University Press, number 9780195211269.
    10. John Williamson, 1994. "Estimating Equilibrium Exchange Rates," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 17.
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    Citations

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    Cited by:
    1. Ken Miyajima, 2007. "What Do We Know About Namibia's Competitiveness," IMF Working Papers 07/191, International Monetary Fund.
    2. Mark Lewis & Aurélie Martin & Gabriel Di Bella, 2007. "Assessing Competitiveness and Real Exchange Rate Misalignment in Low-Income Countries," IMF Working Papers 07/201, International Monetary Fund.

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