01656cas a2200241 a 4500 AALejournalIMF002101 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451828016 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Malawi : Selected Issues and Statistical Appendix. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (95 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper estimates the path of the equilibrium real exchange for Malawi. Based on a dynamic model of a small open economy, the paper identifies and discusses the dynamics between certain fundamental variables and the real exchange rate. It also investigates the presence of a long-term relationship between the real exchange rate and the explanatory variables, and estimates both the equilibrium real exchange rate and the speed at which it converges toward its equilibrium level. The paper also discusses episodes of discrepancies between the real effective exchange rate and its equilibrium level. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2002/182 Full text available on IMF http://elibrary.imf.org/view/journals/002/2002/182/002.2002.issue-182-en.xml IMF e-Library