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An Assessment of External Price Competitiveness for The Gambia

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  • Tamsir Cham

    (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

  • Tamsir Cham, 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
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    3. repec:imf:imfops:2008/002 is not listed on IDEAS
    4. Burcu Aydin, 2010. "Exchange Rate Assessment for Sub-Saharan Economies," IMF Working Papers 2010/162, International Monetary Fund.
    5. Edwards, Sebastian, 1989. "Exchange Rate Misalignment in Developing Countries," The World Bank Research Observer, World Bank, vol. 4(1), pages 3-21, January.
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