IV- EXCHANGE RATES, BALANCE OF PAYMENTS AND FINANCIAL CRISIS
a) What is the country model of growth? What are the main drivers?
b) What is the exchange rate system and exchange rate evolution? Does it support the model of
growth or is it an impediment?
c) Is the Central Bank managing the exchange rate? What are the purposes of such a management?
Is the exchange rate undervalued, overvalued or aligned?
d) How is the country financing spending? Any vulnerability that may arise from it?
e) What do you expect to happen to the economy in 2018?