01830cas a2200241 a 4500 AALejournalIMF005119 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451869972 1018-5941 BD-DhAAL BD-DhAAL Hobdari, Niko. Tanzania's Equilibrium Real Exchange Rate / Niko Hobdari. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (23 pages) IMF Working Papers <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 Tanzania's real effective exchange rate (REER) has depreciated sharply since end-2000, reversing the appreciation that took place in the second half of the 1990s. Single-country and panel data estimates, and the external sustainability approach, suggest that Tanzania's REER is currently modestly undervalued relative to its estimated equilibrium level. Looking forward, a modest trend appreciation of the equilibrium REER is expected, consistent with continued high GDP growth and an expected recovery in terms of trade. In addition, capital inflows to Tanzania could be significantly higher than currently expected, to take advantage of Tanzania's natural resources and strong policy framework. If so, these inflows would contribute to an additional appreciation by as much as 20 percent of the equilibrium REER. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2008/138 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/138/001.2008.issue-138-en.xml IMF e-Library