IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2008-221.html
   My bibliography  Save this paper

Senegal: Selected Issues

Author

Listed:
  • International Monetary Fund

Abstract

This Selected Issues paper analyzes Senegal’s real effective exchange rate (REER) and external competitiveness. A REER significantly above its equilibrium, as determined by economic fundamentals, can impede a country’s external competitiveness, calling for corrective macroeconomic measures. This paper finds no conclusive evidence of a REER overvaluation, implying that structural reforms are key to improving Senegal’s external competitiveness. The paper also describes Senegal’s export performance, developments of the REER, and an empirical analysis of the equilibrium REER. Structural measures of competitiveness are also illustrated.

Suggested Citation

  • International Monetary Fund, 2008. "Senegal: Selected Issues," IMF Staff Country Reports 2008/221, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/221
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=22147
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lionel Fontagné & David Laborde & Cristina Mitaritonna, 2008. "An Impact Study of the EU-ACP Economic Partnership Agreements (EPAs) in the Six ACP Regions," Working Papers 2008-04, CEPII research center.
    2. Fontagne, Lionel & Laborde, David & Mitaritonna, Cristina, 2008. "An Impact Study of the Economic Partnership Agreements (EPAs) in the Six ACP Regions," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44194, European Association of Agricultural Economists.
    3. Segura-Ubiergo,Alex, 2012. "The Political Economy of the Welfare State in Latin America," Cambridge Books, Cambridge University Press, number 9781107410664, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mr. Alexei P Kireyev, 2013. "Inclusive Growth and Inequality in Senegal," IMF Working Papers 2013/215, International Monetary Fund.
    2. Fatma El-Hamidi, 2016. "Energy Subsidy Reform in Egypt: The Gender – “Energy” Poverty Nexus," Working Papers 1055, Economic Research Forum, revised 10 2016.
    3. Danielle Resnick, 2013. "Personalistic Policy-Making in a Vibrant Democracy: Senegal's Fragmented Response to the 2007/08 Food price Crisis," WIDER Working Paper Series wp-2013-015, World Institute for Development Economic Research (UNU-WIDER).
    4. International Monetary Fund, 2008. "The Gambia: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2008/325, International Monetary Fund.
    5. Resnick, Danielle, 2013. "Personalistic Policy-Making in a Vibrant Democracy: Senegal's Fragmented Response to the 2007/08 Food price Crisis," WIDER Working Paper Series 015, World Institute for Development Economic Research (UNU-WIDER).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bouët Antoine & Laborde-Debucquet David & Dienesch Elisa & Elliott Kimberly, 2012. "The Costs and Benefits of Duty-Free, Quota-Free Market Access for Poor Countries: Who and What Matters," Journal of Globalization and Development, De Gruyter, vol. 3(1), pages 1-27, June.
    2. Renuka Mahadevan & John Asafu-Adjaye, 2013. "Unilateral Liberalisation or Trade Agreements: Which Way Forward for the Pacific?," The World Economy, Wiley Blackwell, vol. 36(10), pages 1355-1372, October.
    3. Hartmann, Simon, 2009. "Between ambitions and realities: The pathway of European Development Cooperation since Maastricht," Working Papers 24, Austrian Foundation for Development Research (ÖFSE).
    4. Bouët Antoine & Laborde-Debucquet David & Dienesch Elisa & Elliott Kimberly, 2012. "The Costs and Benefits of Duty-Free, Quota-Free Market Access for Poor Countries: Who and What Matters," Journal of Globalization and Development, De Gruyter, vol. 3(1), pages 1-27, June.
    5. Ole Boysen & Alan Matthews, 2017. "Will Economic Partnership Agreements Increase Poverty? The Case of Uganda," Review of Development Economics, Wiley Blackwell, vol. 21(2), pages 353-382, May.
    6. Ole Boysen & Alan Matthews, 2009. "The Economic Partnership Agreement between Uganda and the EU: Trade and Poverty Impacts," The Institute for International Integration Studies Discussion Paper Series iiisdp307, IIIS.
    7. Mathilde Douillet, 2011. "What are the agricultural exports growth perspectives offered to sub-Saharan countries by current trade negotiations?," EcoMod2011 3116, EcoMod.
    8. Thierry Verdier, 2010. "Regional Integration, Fragility and Institution Building: An Analytical Framework Applied to the African Context," EUI-RSCAS Working Papers 38, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    9. Douillet, Mathilde, 2011. "Which trade integration scheme can best help Sub-Saharan Africa develop and export more processed agricultural goods?:," IFPRI discussion papers 1119, International Food Policy Research Institute (IFPRI).
    10. Bouët, Antoine & Laborde Debucquet, David & Dienesch, Elisa & Elliot, Kimberly, 2010. "The costs and benefits of duty-free, quota-free market access for poor countries," IFPRI discussion papers 990, International Food Policy Research Institute (IFPRI).
    11. Gaulier, Guillaume & Zignago, Soledad, 2004. "Notes on BACI (analytical database of international trade). 1989-2002 version," MPRA Paper 32401, University Library of Munich, Germany.
    12. Ole BOYSEN & Alan MATTHEWS, 2008. "Poverty Impacts of an Economic Partnership Agreement between Uganda and the EU," EcoMod2008 23800016, EcoMod.
    13. Laborde, David & Mitaritonna, Cristina & Pupettoa, Leonardo, 2010. "Trade Preferences: Are they of any help?," Conference papers 331936, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    14. Nyomakwa-Obimpeh, James, 2017. "Examining the Role of BATNA in Explaining EPA Negotiation Outcomes," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 32(2), pages 488-530.
    15. Alex Segura-Ubiergo & Alejandro Simone & Sanjeev Gupta & Qiang Cui, 2010. "New Evidence on Fiscal Adjustment and Growth in Transition Economies," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 52(1), pages 18-37, March.
    16. German Feierherd & Patricio Larroulet & Wei Long, & Nora Lustig, 2021. "The Pink Tide and Inequality in Latin America," Working Papers 2105, Tulane University, Department of Economics.
    17. International Monetary Fund, 2008. "The Gambia: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2008/325, International Monetary Fund.
    18. Mr. Sanjeev Gupta & Mr. Alejandro Simone & Mr. Alex Segura-Ubiergo, 2006. "New Evidence on Fiscal Adjustment and Growth in Transition Economies," IMF Working Papers 2006/244, International Monetary Fund.
    19. Khadan, Jeetendra & Hosein, Roger, 2014. "Trade, Economic and Welfare impacts of the CARICOM-Canada Free Trade Agreement," MPRA Paper 54836, University Library of Munich, Germany.
    20. Bosello, F. & Eboli, F. & Parrado, R., 2011. "Climate change impacts in the Mediterranean: a CGE analysis," Conference papers 332115, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2008/221. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.