Republic of Madagascar: Selected Issues and Statistical Appendix

International Monetary Fund

No 2005/321, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix analyzes the relationship among prices, income, and money in Madagascar over the period 1982–2004. It finds that a stable long-run relationship for the price level exists, but that the adjustment toward this long-term equilibrium is quite slow. The paper presents an assessment of the real effective exchange rate. It also presents some qualitative competitiveness indicators and examines the performance of exports in Madagascar at an aggregate and product level.

Keywords: ISCR; CR; exchange rate; inflation expectation; chapter III; exchange rate regime; export base; inflation inertia; competitiveness indicator; Real effective exchange rates; Exchange rate arrangements; Exports; Terms of trade; Inflation; Europe (search for similar items in EconPapers)
Pages: 124
Date: 2005-09-27
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Citations: View citations in EconPapers (1)

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