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An Assessment of External Price Competitiveness for the Gambia

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  • Tamsir Cham

Abstract

This paper assesses The Gambia¡¯s competitiveness. A variety of econometrics techniques and survey based indicators suggest that recently, The Gambia has lost its competitiveness compared to the comparator countries. The econometrics techniques employed shows that the dalasi appreciated by 3 to 6 percentage points in real terms. However, these rates are broadly inline with fundamentals and there is zero misalignment. Survey based indicators suggested that The Gambia lagged behind in access to credit, tax rates, and protect investors and national work ethnics. The Gambian authorities need to implement serious reform on tax policies; introduce legislation to promote public private partnership and revamp the public sector.

Suggested Citation

  • Tamsir Cham, 2016. "An Assessment of External Price Competitiveness for the Gambia," Applied Economics and Finance, Redfame publishing, vol. 3(4), pages 207-216, November.
    • Handle: RePEc:rfa:aefjnl:v:3:y:2016:i:4:p:207-216
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    References listed on IDEAS

    as
    1. Mr. Luca A Ricci & Mr. Jonathan David Ostry & Mr. Jaewoo Lee & Mr. Alessandro Prati & Mr. Gian M Milesi-Ferretti, 2008. "Exchange Rate Assessments: CGER Methodologies," IMF Occasional Papers 2008/002, International Monetary Fund.
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    4. Im, Kyung So & Pesaran, M. Hashem & Shin, Yongcheol, 2003. "Testing for unit roots in heterogeneous panels," Journal of Econometrics, Elsevier, vol. 115(1), pages 53-74, July.
    5. Mr. Francis Vitek, 2009. "An Assessment of External Price Competitiveness for Mozambique," IMF Working Papers 2009/165, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    exchange rate; external price; doing business; global competitiveness index;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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