01661cas a2200241 a 4500 AALejournalIMF009054 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832860 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Romania : Selected Issues and Statistical Appendix. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (115 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 and Statistical Appendix paper assesses Romania's external competitiveness by reviewing recent developments in a range of standard indicators and estimating equilibrium real exchange rates. The results suggest that, although Romania's historical cost advantage vis-a-vis trading partners has eroded since end-2004, on account of a strong real exchange rate appreciation, some undervaluation still remains. Furthermore, evidence suggests that the recent weak output and export performance in some of the traditional exporting sectors mainly reflects the transition toward higher value-added products. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/169 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/169/002.2006.issue-169-en.xml IMF e-Library