Exchange Rate and External Competitiveness: A Case of Pakistan
dc.contributor.author | Sajid Amin Javed | |
dc.contributor.author | Wajid Ali | |
dc.contributor.author | Vaqar Ahmed | |
dc.date.accessioned | 2018-12-30T08:22:23Z | |
dc.date.available | 2018-12-30T08:22:23Z | |
dc.date.issued | 2016-12-30 | |
dc.identifier.uri | http://hdl.handle.net/11540/9288 | |
dc.description.abstract | This paper highlights some important points regarding exchange rate and external competitiveness of Pakistan . Firstly, overvalued exchange rate of Pakistani Rupee [PKR] has affected adversely to already weaker external competitiveness of the country . Secondly, claims of failure of depreciation in boosting performance of tradable sector are based on mixing the partial adjustment of PKR towards its equilibrium value during periods of overvaluation with undervaluation - a situation where currency is below its equilibrium value. Thirdly, the gains from depreciation of real exchange rate, during periods of adjustment, were neutralized by loose monetary policy. Fourthly, the State Bank of Pakistan [SBP] needs to develop a tool to assess and monitor the misalignment in PKR so that a better informed and prudent exchange rate policy might be formulated. | |
dc.language | English | |
dc.publisher | Sustainable Development Policy Institute | |
dc.title | Exchange Rate and External Competitiveness: A Case of Pakistan | |
dc.type | Briefs | |
dc.subject.expert | Macroeconomic | |
dc.subject.expert | Macroeconomic Analysis | |
dc.subject.expert | Macroeconomic Framework | |
dc.subject.expert | Macroeconomic Models | |
dc.subject.expert | Macroeconomic Performance | |
dc.subject.expert | Macroeconomic Planning | |
dc.subject.expert | Macroeconomic Policies | |
dc.subject.expert | Macroeconomic Reform | |
dc.subject.expert | Macroeconomic Stabilization | |
dc.subject.expert | Results-Based Monitoring And Evaluation | |
dc.subject.expert | Project Evaluation & Review Technique | |
dc.subject.expert | Project Evaluation | |
dc.subject.expert | Program Evaluation | |
dc.subject.expert | Performance Evaluation | |
dc.subject.expert | Operations Evaluation | |
dc.subject.expert | Evaluation Methods | |
dc.subject.expert | Evaluation | |
dc.subject.adb | Social condition | |
dc.subject.adb | Economic dependence | |
dc.subject.adb | Economic assistance | |
dc.subject.adb | International monetary relations | |
dc.subject.adb | International monetary relations | |
dc.subject.adb | International trade | |
dc.subject.adb | National accounting | |
dc.subject.adb | Market | |
dc.subject.adb | Project impact | |
dc.subject.adb | Development projects | |
dc.subject.adb | Program management | |
dc.subject.adb | Performance appraisal | |
dc.subject.adb | Project appraisal | |
dc.subject.adb | Technology assessment | |
dc.subject.adb | Economic indicators | |
dc.subject.adb | Growth models | |
dc.subject.adb | Gross domestic product | |
dc.subject.adb | Macroeconomics | |
dc.subject.adb | Economic forecast | |
dc.subject.natural | Exports | |
dc.subject.natural | Exchange | |
dc.subject.natural | Comparative economics | |
dc.subject.natural | Index number | |
dc.subject.natural | Monetary policy | |
dc.subject.natural | Value analysis | |
dc.subject.natural | Adjustment cost | |
dc.subject.natural | Transaction cost | |
dc.subject.natural | Conditionality | |
dc.subject.natural | International relations | |
dc.subject.natural | Cumulative effects assessment | |
dc.subject.natural | Grievance procedures | |
dc.subject.natural | Participatory monitoring and evaluation | |
dc.subject.natural | Exchange rate | |
dc.subject.natural | Economic development projects | |
dc.subject.natural | Economic policy | |
dc.subject.natural | Economic forecasting | |
dc.title.series | Monetary Policy Brief | |
dc.title.volume | No. 41 | |
dc.contributor.imprint | Sustainable Development Policy Institute | |
oar.theme | Economics | |
oar.theme | Evaluation | |
oar.adminregion | Central West Asia Region | |
oar.country | Pakistan | |
oar.identifier | OAR-008747 | |
oar.author | Javed, Sajid Amin | |
oar.author | Ali, Wajid | |
oar.author | Ahmed, Vaqar | |
oar.import | TRUE | |
oar.googlescholar.linkpresent | true |