Policy Papers

2015 External Sector Report - Individual Economy Assessments

June 29, 2015

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2015 External Sector Report - Individual Economy Assessments, (USA: International Monetary Fund, 0) accessed December 22, 2024

Summary

The external sector assessments use a wide range of methods, including the External Balance Assessment (EBA) developed by the IMF’s Research Department to estimate desired current account balances and real exchange rates (see Annex I of the 2015 External Sector Report, also IMF Working Paper WP/13/272 for a complete description of the EBA methodology). In all cases, the overall assessment is based on the judgment of IMF staff drawing on the inputs provided by these model estimates and other analysis and the estimates are subject to uncertainty.

The assessments discuss a broad range of external indicators: the current account, the real effective exchange rate, capital and financial accounts flows and measures, FX intervention and reserves and the foreign asset or liability position. The individual economy assessments are discussed with the respective authorities as a part of bilateral surveillance.

Subject: Capital account, Capital flows, Cross country analysis, Current account, Developed countries, Emerging markets, External sector, External Sector Report, Foreign exchange, Intervention, Real effective exchange rates

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