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Chapter 23. Mobile Banking

Chapter 23. Mobile Banking »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

Mobile banking systems present a unique opportunity to increase financial inclusiveness at a relatively low cost and have been largely successful in other sub-Saharan African countries. But ther...

Chapter 18. Monetary Policy and Inflation

Chapter 18. Monetary Policy and Inflation »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

The objective of this chapter is to determine the impact of a change in the key interest rates of the Central Bank of West African States (BCEAO), as well as other e...

Chapter 15. Monetary Policy in a Currency Union

Chapter 15. Monetary Policy in a Currency Union »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

Is there scope and need for monetary policy in the West African Economic and Monetary Union (WAEMU)? At first glance the answer would appear to be “no,” as the WAEMU is a currency union with a f...

Chapter 11. Public Investment and Fiscal Rules1

Chapter 11. Public Investment and Fiscal Rules1 »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

Public investment in the West African Economic and Monetary Union (WAEMU) has been pro-cyclical. Evidence from a panel of low-income and lower middle-income countries suggests that, contrary to...

Chapter 4. Quest for Higher Growth

Chapter 4. Quest for Higher Growth »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

Growth takeoff in Africa has been one of the salient facts of the global economy in the last two decades. However, while per capita GDP has more than doubled in faster-growing sub-Saharan econom...

Chapter 14. Regional Sovereign Debt Market

Chapter 14. Regional Sovereign Debt Market »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

The West African Economic and Monetary Union (WAEMU) zone is undertaking an ambitious program to develop the regional market for government securities as a means to mobilize additional financing...

Chapter 24. Regional Trade Network

Chapter 24. Regional Trade Network »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

Regional trade among West African Economic and Monetary Union (WAEMU) countries is not exploited to its full potential as an engine for growth. Regional trade is dominated by three countries (Cô...

Chapter 5. Shocks to Growth

Chapter 5. Shocks to Growth »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

Growth in the West African Economic and Monetary Union (WAEMU) has been negatively affected by macroeconomic shocks. Such shocks can be symmetric, affecting similarly all countries of the Union...

Chapter 6. Structural Transformation and Diversification

Chapter 6. Structural Transformation and Diversification »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

Growth in the West African Economic and Monetary Union (WAEMU) in the past has been overall disappointing and highly volatile compared with growth in a group of comparator countries. Slow struct...

Chapter 13. Tax Coordination and Tax Competition1

Chapter 13. Tax Coordination and Tax Competition1 »

Source: Building Integrated Economies in West Africa : Lessons in Managing Growth, Inclusiveness, and Volatility

Series: Books

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2016

ISBN: 9781513511832

Keywords: Fiscal policy, Monetary unions, West African Economic and Monetary Union, West African Monetary Union, Inclusive growth, Currency unions, tax, monetary policy, market, interest

The process of tax coordination in the West African Economic and Monetary Union (WAEMU) is one of the most advanced in the world—de jure at least—but remains in many areas ineffective de facto....