The Gambia: Selected Issues and Statistical Appendix

Volume/Issue: Volume 2007 Issue 126
Publication date: March 2007
ISBN: 9781451815559
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Economics- Macroeconomics , ISCR , CR , Gambia , CBG Act , government , exchange rate , investment climate , interest income , equilibrium REER , trade weight , re-export trade , CBG policy , Real effective exchange rates , Personal income , Real exchange rates , Price stabilization , Exchange rate indexes , West Africa , Sub-Saharan Africa

Summary

This Selected Issues paper assesses The Gambia’s external competitiveness by reviewing developments in several indicators, ranging from exchange rate-based indices to survey-based assessments of the investment climate. The paper reviews the evolution of several multilateral and bilateral real exchange rate indices for The Gambia, and summarizes the results of a regression analysis that tests for misalignment of the exchange rate. The paper also evaluates the degree of autonomy extended to the Central Bank of The Gambia (CBG) under the provisions of the new Central Bank of The Gambia Act, 2005.