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An Assessment of External Price Competitiveness for The Gambia

Author

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  • Cham, Tamsir

    (The Islamic Research and Teaching Institute (IRTI))

Abstract

This paper assesses The Gambia’s competitiveness. A variety of econometrics techniques and survey based indicators suggest that recently, The Gambia has lost its competitiveness compared to the comparator countries. The econometrics techniques employed shows that the dalasi appreciated by 3 to 6 percentage points in real terms. However, these rates are broadly inline with fundamentals and there is zero misalignment. Survey based indicators suggested that The Gambia lagged behind in access to credit, tax rates, and protect investors and national work ethnics. The Gambian authorities need to implement serious reform on tax poliicies; introduce legislation to promote public private partnership and revamp the public sector.

Suggested Citation

  • Cham, Tamsir, 2015. "An Assessment of External Price Competitiveness for The Gambia," Working Papers 1436-8, The Islamic Research and Teaching Institute (IRTI).
  • Handle: RePEc:ris:irtiwp:1436_008
    as

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    References listed on IDEAS

    as
    1. Mr. Luca A Ricci & Mr. Jonathan David Ostry & Mr. Jaewoo Lee & Mr. Alessandro Prati & Mr. Gian M Milesi-Ferretti, 2008. "Exchange Rate Assessments: CGER Methodologies," IMF Occasional Papers 2008/002, International Monetary Fund.
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    Full references (including those not matched with items on IDEAS)

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