Assessing Competitiveness After Conflict: The Case of the Central African Republic

25 Pages Posted: 19 Jan 2007

See all articles by Said Bakhache

Said Bakhache

International Monetary Fund (IMF)

Mark J. Lewis

Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA)

Kadima D. Kalonji

International Monetary Fund (IMF)

Jean-Claude Nachega

International Monetary Fund (IMF)

Date Written: January 2007

Abstract

This paper assesses competitiveness in the case of the Central African Republic, a post-conflict country. The paper presents several conventional techniques for assessing competitiveness, namely the real exchange rate and recent trade performance. Several other measures are considered, in particular transport costs and governance measures, which may be more effective in capturing the obstacles to competitiveness posed by the poor security environment and weak institutions common to many post-conflict situations. The real exchange measure and trade measures suggest some mild erosion of competitiveness in recent years, while the other measures indicate that the competitiveness challenges faced by the Central African Republic are much deeper.

Keywords: Competition, Central African Republic, Foreign exchange, Trade, Transport, Governance

JEL Classification: F31, O55

Suggested Citation

Bakhache, Said and Lewis, Mark J. and Kalonji, Kadima D. and Nachega, Jean-Claude, Assessing Competitiveness After Conflict: The Case of the Central African Republic (January 2007). IMF Working Paper No. 06/303. Available at SSRN: https://ssrn.com/abstract=958167

Said Bakhache (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Mark J. Lewis

Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA) ( email )

77 Massachusetts Avenue
Cambridge, MA 02139-4307
United States

Kadima D. Kalonji

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Jean-Claude Nachega

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

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