Description |
1 online resource (20 pages) : color illustrations |
Series |
IMF working paper, 2227-8885 ; WP/09/165 |
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IMF working paper ; WP/09/165.
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Summary |
This paper conducts an assessment of external price competitiveness for Mozambique. A variety of indicators suggest that Mozambique has recently lost external price competitiveness with respect to its major trading partners. Consistent with these indicators, an exchange rate assessment indicates that the metical is overvalued by 26 to 41 percent in real effective terms. If sustained, an overvaluation of this magnitude has the potential to retard economic growth and jeopardize external stability, calling for an adjustment of monetary policy to gradually restore external price competitiveness |
Bibliography |
Includes bibliographical references (page 20) |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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Print version record |
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digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL |
Subject |
Competition -- Mozambique
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Prices -- Mozambique
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Commerce
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Competition
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Prices
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SUBJECT |
Mozambique -- Commerce
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Subject |
Mozambique
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Form |
Electronic book
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Author |
International Monetary Fund. Strategy, Policy, and Review Department.
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ISBN |
1451917406 |
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9781451917406 |
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1462300278 |
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9781462300273 |
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1452758131 |
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9781452758138 |
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1451873123 |
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9781451873122 |
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1282843788 |
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9781282843783 |
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9786612843785 |
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6612843780 |
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