The External Balance Assessment (EBA) Methodology

The External Balance Assessment (EBA) Methodology
ISBN-10
1484346785
ISBN-13
9781484346785
Category
Business & Economics
Pages
68
Language
English
Published
2014-01-13
Publisher
International Monetary Fund
Authors
Marola Castillo, Jungjin Lee, Jair Rodriguez

Description

The External Balance Assessment (EBA) methodology has been developed by the IMF’s Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a multilaterally consistent manner. Compared to other approaches, EBA emphasizes distinguishing between the positive empirical analysis and the normative assessment of current accounts and exchange rates, and highlights the roles of policies and policy distortions. This paper provides a comprehensive description and discussion of the 2013 version (“2.0”) of the EBA methodology, including areas for its further development.

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