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Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries1

Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries1 »

Source: Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries

Volume/Issue: 2009/75

Series: IMF Working Papers

Author(s): Joannes Mongardini , and Brett Rayner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872224

Keywords: Equilibrium Real Exchange Rate, exchange rate, real exchange rate, exchange rates, real exchange rates,

This paper builds on the methodology developed by Chudik and Mongardini (2007) to estimate the relationship between grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countri...

IMF Executive Board Concludes 2011 Discussion on Common Policies of Member Countries of the Central African Economic and Monetary Community

IMF Executive Board Concludes 2011 Discussion on Common Policies of Member Countries of the Central African Economic and Monetary Community »

Source: Central African Economic and Monetary Community : Staff Report on Common Policies of Member Countries; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2011/329

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 November 2011

ISBN: 9781463925307

Keywords: exchange rate, real effective exchange rate, exporters, oil exporters, effective exchange rate

Member countries of the Central African Economic and Monetary Community are recovering from the global financial crisis, although growth in 2011 has not returned to precrisis levels. Executive Directors welcomed th...

IMF Executive Board Concludes 2006 Discussion on Common Policies of Member Countries with Cemac

IMF Executive Board Concludes 2006 Discussion on Common Policies of Member Countries with Cemac »

Source: Central African Economic and Monetary Community : Staff Report on Common Policies of Member Countries;

Volume/Issue: 2006/317

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 August 2006

ISBN: 9781451951684

Keywords: exchange rate, economic outlook, financial sector

Macroeconomic developments benefited from oil windfalls, but structural problems still impede non-oil growth. Fiscal and external balances improved in the Central African Economic and Monetary Community (CEMAC) bec...

IMF Executive Board Concludes 2005 Regional Consultation with the Central African Monetary and Economic Union (CEMAC)

IMF Executive Board Concludes 2005 Regional Consultation with the Central African Monetary and Economic Union (CEMAC) »

Source: Central African Economic and Monetary Community-Recent Developments and Regional Policy Issues

Volume/Issue: 2005/403

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2005

ISBN: 9781451806526

Keywords: exchange rate, exchange rate regime, central bank, economic outlook, fiscal balance

This paper on recent developments and regional policy issues in the Central African Economic and Monetary Community (CEMAC) discusses the recent development and trends in economic integration. Trade restrictions an...

Central African Economic and Monetary Community-Recent Developments and Regional Policy Issues

Central African Economic and Monetary Community-Recent Developments and Regional Policy Issues »

Volume/Issue: 2005/403

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2005

DOI: http://dx.doi.org/10.5089/9781451806526.002

ISBN: 9781451806526

Keywords: exchange rate, exchange rate regime, central bank, economic outlook, fiscal balance

This paper on recent developments and regional policy issues in the Central African Economic and Monetary Community (CEMAC) discusses the recent development and trends in economic integration. Trade restrictions an...

Central African Economic and Monetary Community (CEMAC)
			: Selected Issues

Central African Economic and Monetary Community (CEMAC) : Selected Issues »

Volume/Issue: 2005/390

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2005

DOI: http://dx.doi.org/10.5089/9781451806519.002

ISBN: 9781451806519

Keywords: exchange rate, real exchange rate, real effective exchange rate, real exchange

This Selected Issues paper on the Central African Economic and Monetary Community (CEMAC) reviews the evolution of actual and equilibrium real effective exchange rates (REER). The current level of the CEMAC REER is...

Central African Economic and Monetary Community
			: Staff Report on Common Policies of Member Countries; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Central African Economic and Monetary Community

Central African Economic and Monetary Community : Staff Report on Common Policies of Member Countries; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Central African Economic and Monetary Community »

Volume/Issue: 2011/329

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 November 2011

DOI: http://dx.doi.org/10.5089/9781463925307.002

ISBN: 9781463925307

Keywords: exchange rate, real effective exchange rate, exporters, oil exporters, effective exchange rate

Member countries of the Central African Economic and Monetary Community are recovering from the global financial crisis, although growth in 2011 has not returned to precrisis levels. Executive Directors welcomed th...

Central African Economic and Monetary Community
			: Staff Report on Common Policies of Member Countries;

Central African Economic and Monetary Community : Staff Report on Common Policies of Member Countries; »

Volume/Issue: 2006/317

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 August 2006

DOI: http://dx.doi.org/10.5089/9781451951684.002

ISBN: 9781451951684

Keywords: exchange rate, economic outlook, financial sector

Macroeconomic developments benefited from oil windfalls, but structural problems still impede non-oil growth. Fiscal and external balances improved in the Central African Economic and Monetary Community (CEMAC) bec...

The International Financial Crisis and Global Recession
			: Impact on the CEMAC Region and Policy Considerations

The International Financial Crisis and Global Recession : Impact on the CEMAC Region and Policy Considerations »

Volume/Issue: 2009/20

Series: IMF Staff Position Notes

Author(s): Dimitre Milkov , Rafael Portillo , Plamen Iossifov , and John Wakeman-Linn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2009

DOI: http://dx.doi.org/10.5089/9781455255252.004

ISBN: 9781455255252

Keywords: Emerging markets, Global financial crisis, policy response, cost containment, CEMAC, fiscal policy, fiscal sustainability, monetary policy, foreign exchange, exchange rate

The financial sector of the Central African Economic and Monetary Community (CEMAC) has been seriously affected by the global financial crisis and resulting global recession. This note assesses the response of CEMA...

Competitiveness in the CFA Franc Zone

Competitiveness in the CFA Franc Zone »

Volume/Issue: 2007/212

Series: IMF Working Papers

Author(s): Charalambos Tsangarides , and Gustavo Ramirez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2007

DOI: http://dx.doi.org/10.5089/9781451867763.001

ISBN: 9781451867763

Keywords: Competitiveness, CFA franc, WAEMU, CEMAC, exchange rate, reer, exchange rates, real effective exchange rate, effective exchange rate,

This paper reviews the evolution of competitiveness in the CFA franc zone using a proposed comprehensive competitiveness framework. In particular, we examine competitiveness in the WAEMU and CEMAC regions by analyz...