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Union of the Comoros: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

The Selected Issues paper for the Union of the Comoros describes an assessment of the external competitiveness. Comoros has been hard hit by negative terms-of-trade shocks that have weakened the external position. A trend decline in the world price of vanilla, its main export, has occurred parallel to unprecedented increases in international food and petroleum prices. Although export growth has slackened, imports have steadily grown driven by a surge in remittances and a steady real appreciation of the euro-pegged national currency.

Suggested Citation

  • International Monetary Fund, 2009. "Union of the Comoros: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2009/046, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2009/046
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=22686
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    Cited by:

    1. Rose,Jonathan & Gowthaman,Balachandran, 2015. "Civil service recruitment in Comoros : a case of political clientelism in a decentralized state," Policy Research Working Paper Series 7428, The World Bank.

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