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  • 1
    Online Resource
    Online Resource
    Washington, D.C. :International Monetary Fund,
    UID:
    edoccha_9958056971902883
    Format: 1 online resource (76 pages)
    ISBN: 1-4552-3909-7 , 1-4519-8673-4 , 1-280-97944-5 , 1-4527-7817-5 , 9786613751058
    Series Statement: IMF Staff Country Reports
    Content: This Selected Issues paper and Statistical Appendix analyzes causes and consequences of real exchange rate appreciation in Albania. The paper highlights that Albania has experienced a sustained real appreciation since 1992, which appears to have been brought about by largely beneficial developments: price liberalization, productivity growth, external inflows, and a successful stabilization policy. The pace of appreciation has slowed in the last few years, and a real depreciation in 2002 has brought the real effective exchange rate back to its January 2000 level.
    Note: Bibliographic Level Mode of Issuance: Monograph , English
    Additional Edition: ISBN 1-4518-0071-1
    Language: English
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