Hidden Bibliographic Details
| Varying Form of Title: | Cyprus
Cyprus - Selected Issues and Statistical Appendix
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| Other authors / contributors: | International Monetary Fund, Contributor.
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| ISBN: | 1462310109
9781462310104
1452724369
9781452724362
1280976675
9781280976674
9786613748287
6613748285
1463908075
9781463908072
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| Notes: | English.
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| Summary: | This Selected Issues paper examines the adequacy of Cyprus economic competitiveness. The paper looks at the recent behavior of conventional indicators of competitiveness, estimates Cyprus equilibrium real exchange rate, and provides an econometric analysis of the main determinants of service exports. The overall conclusion is that the country s current level of the real effective exchange rate is in line with savings-investment fundamentals, but that the recent unfavorable trends in public savings and relative unit labor costs should be reversed to avoid problems in the medium term. The paper also analyzes the financial reform in Cyprus.
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| Other form: | 1-4518-0979-4
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