An Assessment of External Price Competitiveness for The Gambia
Tamsir Cham ()
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Tamsir Cham: The Islamic Research and Teaching Institute (IRTI)
No 1436-8, Working Papers from 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.
Keywords: Exchange rate; Competitiveness; Survey Based Indicators (search for similar items in EconPapers)
Pages: 15 pages
Date: 2015-05-19
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Persistent link: https://EconPapers.repec.org/RePEc:ris:irtiwp:1436_008
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