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Chapter 2. Sustaining Growth in the East African Community

Chapter 2. Sustaining Growth in the East African Community »

Source: The Quest for Regional Integration in the East African Community

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

The Growth Record In the midst of sub-Saharan Africa’s best decade of economic growth since at least the 1970s, the East African Community (EAC) is among the fastest-growing regions....

Chapter 4. The Fiscal Policy Challenges of Monetary Union in East Africa

Chapter 4. The Fiscal Policy Challenges of Monetary Union in East Africa »

Source: The Quest for Regional Integration in the East African Community

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

The establishment of a single East African currency is taking on an increased sense of urgency. 1 The East African Community (EAC) has established a high-level task force, and wor...

Chapter 12. Themes and Lessons from the Financial Sector Assessment Programs

Chapter 12. Themes and Lessons from the Financial Sector Assessment Programs »

Source: The Quest for Regional Integration in the East African Community

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

The recently completed IMF-World Bank Financial Sector Assessment Programs (FSAPs) for the partner countries of the East African Community (EAC) highlight the growing financial integration in the region....

16 Do Money Targets Matter for Monetary Policy in Kenya?

16 Do Money Targets Matter for Monetary Policy in Kenya? »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction In the preceding chapter, we presented a semi-structural New Keynesian open economy model for low-income countries, and applied it to Kenya. We found that the model co...

The Quest for Regional Integration in the East African Community

The Quest for Regional Integration in the East African Community »

Series: Books

Author(s): Paulo Drummond , S. Wajid , and Oral Williams

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2015

DOI: http://dx.doi.org/10.5089/9781484364413.071

ISBN: 9781484364413

Keywords: exchange, exchange rate, monetary policy, growth, markets

The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries are making significant progress toward financial integration, including harmonizati...

4 Economic Fluctuations in Sub-Saharan Africa

4 Economic Fluctuations in Sub-Saharan Africa »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction In this chapter we provide (i) an overview of some of the structural features of the economies of sub-Saharan Africa (SSA) and (ii) a systematic characterization of ec...

6 Identifying the Monetary Transmission Mechanism in Sub-Saharan Africa

6 Identifying the Monetary Transmission Mechanism in Sub-Saharan Africa »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction Central banks and researchers in low-income countries often use structural vector auto-regression (SVAR) models estimated on aggregate macroeconomic data to develop a...

Uganda and Rwanda
			: Selected Issues

Uganda and Rwanda : Selected Issues »

Volume/Issue: 2009/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2009

DOI: http://dx.doi.org/10.5089/9781451838909.002

ISBN: 9781451838909

Keywords: monetary fund, monetary policy, money supply, average inflation

The Selected Issues paper for Uganda and Rwanda discusses the impact of rising international food and fuel prices on inflation. Unlike in the case of fuel-producing countries, the East African Community countries a...

Uganda and Rwanda
			: Selected Issues

Uganda and Rwanda : Selected Issues »

Volume/Issue: 2009/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2009

DOI: http://dx.doi.org/10.5089/9781451921632.002

ISBN: 9781451921632

Keywords: monetary fund, monetary policy, money supply, average inflation

The Selected Issues paper for Uganda and Rwanda discusses the impact of rising international food and fuel prices on inflation. Unlike in the case of fuel-producing countries, the East African Community countries a...

Monetary Transmission Mechanism in the East African Community
			: An Empirical Investigation

Monetary Transmission Mechanism in the East African Community : An Empirical Investigation »

Volume/Issue: 2013/39

Series: IMF Working Papers

Author(s): Hamid Davoodi , S. V. S. Dixit , and Gabor Pinter

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 February 2013

DOI: http://dx.doi.org/10.5089/9781475530575.001

ISBN: 9781475530575

Keywords: reserve money, policy rate, vector autoregressions, inflation, monetary transmission, central bank, monetary policy framework, Financial Markets and the Macroeconomy, Monetary Policy (Targets, Instruments

Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard statistical infer...