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What Do We Know About Namibia's Competitiveness

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Author Info
Ken Miyajima
Abstract

This paper evaluates Namibia's competitiveness using several traditional indicators; it concludes that, while the real effective exchange rate (REER) is in equilibrium at present?suggesting no imminent need for concern?the country may wish to improve its competitiveness by increasing educational attainment, reducing the skills mismatch, and diversifying its exports. Moreover, although Namibia scores relatively well on survey-based major indicators of structural competitiveness, the business environment can be made more conducive to private sector activity.

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 07/191.

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Length: 30 pages
Date of creation: 01 Aug 2007
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Handle: RePEc:imf:imfwpa:07/191

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Keywords: Export competitiveness ; Namibia ; Economic models ; Governance ; Working Paper ;

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This paper has been announced in the following NEP Reports: References listed on IDEAS
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  1. Claudio Paiva, . "Competitiveness and the Equilibrium Exchange Rate in Costa Rica," IMF Working Papers 01/23, International Monetary Fund.
  2. Pesaran, M.H. & Shin, Y., 1995. "An Autoregressive Distributed Lag Modelling Approach to Cointegration Analysis," Cambridge Working Papers in Economics 9514, Faculty of Economics, University of Cambridge.
  3. Eva Gutierrez, 2006. "Export Performance and External Competitiveness in the Former Yugoslav Republic of Macedonia," IMF Working Papers 06/261, International Monetary Fund. [Downloadable!]
  4. Bela Balassa, 1964. "The Purchasing-Power Parity Doctrine: A Reappraisal," Journal of Political Economy, University of Chicago Press, vol. 72, pages 584. [Downloadable!] (restricted)
  5. Johansen, Soren, 1991. "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models," Econometrica, Econometric Society, vol. 59(6), pages 1551-80, November. [Downloadable!] (restricted)
  6. J. H. Eita & Moses M. Sichei, 2006. "Estimating the Equilibrium Real Exchange Rate for Namibia," Working Papers 200608, University of Pretoria, Department of Economics. [Downloadable!]
  7. Nelson C. Mark & Donggyu Sul, 2003. "Cointegration Vector Estimation by Panel DOLS and Long-run Money Demand," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 65(5), pages 655-680, December. [Downloadable!] (restricted)
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