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Tunisia: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper for Tunisia presents a literary survey of the research on constant real exchange rate rule (CRERR). It assesses Tunisia’s experience with CRERR in terms of inflation performance and discusses possible reasons for Tunisia’s apparent success at avoiding the pitfalls of CRERR as predicted by the theoretical models. The paper presents a regression analysis estimating the equilibrium real exchange rate based on different fundamental variables and compares this with the path of the actual exchange rate. The paper also assesses Tunisia’s external competitiveness over the past decade using a range of indicators.

Suggested Citation

  • International Monetary Fund, 2002. "Tunisia: Selected Issues," IMF Staff Country Reports 2002/120, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2002/120
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=15899
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    Cited by:

    1. Grand Nathalie & Dropsy Vincent, 2005. "Exchange Rate And Inflation Targeting In Morocco And Tunisia," Macroeconomics 0507018, University Library of Munich, Germany.

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