Brixiova, Zuzana; Égert, Balázs; Hadj Amor Essid, Thouraya - Institute for the Study of Labor (IZA) - 2013
misalignments. Intra-regional trade – both with North Africa and the rest of the continent – together with greater orientation to … stagnant export shares. The limited export competitiveness has hampered external demand, growth and employment. Applying, for … the first time to North Africa, the stock-flow approach to the real equilibrium exchange rate, this paper evaluates the …