Malawi: Selected Issues and Statistical Appendix

August 16, 2002

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Malawi: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2002) accessed December 28, 2024

Summary

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.

Subject: Excises, Expenditure, Foreign exchange, Income and capital gains taxes, Income tax systems, Personal income tax, Real exchange rates, Taxes

Keywords: Africa, CCA system, CR, Expenditure management, Export, Income and capital gains taxes, Income tax systems, ISCR, Malawi, Malawi equilibrium exchange rate, Personal income tax, Real exchange rates, Standard error, Sub-Saharan Africa, Withholding tax

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/182
Stock No:

1MWIEA0032002
ISBN:

9781451828016
ISSN:

1934-7685

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