Brixiova, Zuzana; Égert, Balázs; Hadj Amor, Thouraya - 2013
Egypt, Morocco and Tunisia face challenges competing on the global markets, as shown by their relatively low and … misalignment, including in recent years, the exchange rates in Morocco and Tunisia have broadly reflected the underlying … the first time to North Africa, the stock-flow approach to the real equilibrium exchange rate, this paper evaluates the …