The Low Countries

Dutch is the native language of more than twenty million people in Europe: fifteen million in the Netherlands and nearly six million in Flanders (the Dutch-speaking part of Belgium). Some tens of thousands of people in French Flanders (in north-western France) still speak a Dutch dialect. Outside Europe, ...

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Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically applied to poorer nations. This paper uses a large database, unique in the set of indicators and number ...