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20 A Structural Analysis of the Determinants of Inflation in the CEMAC Region

20 A Structural Analysis of the Determinants of Inflation in the CEMAC Region »

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 1 we aim to identify the main determinants of inflation in the Communauté Economique et Monétaire de l’Afrique Centra...

Back Matter

Back Matter »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the maj...

Chapter 1. Analysis of Merchandise Trade Integration in the EAC

Chapter 1. Analysis of Merchandise Trade Integration in the EAC »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

Evolution of Tariffs and Imports of EAC Countries since the Implementation of the CU The CU is the first integration milestone in the EAC. The EAC member states have...

Chapter 3. Financial Integration in the EAC

Chapter 3. Financial Integration in the EAC »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

The CM protocol requires EAC countries to eliminate restrictions on the free movement of capital. Article 24 of the protocol eliminates capital flow restrictions among the member states based on...

Chapter 2. Labor Migration and Remittances in the EAC

Chapter 2. Labor Migration and Remittances in the EAC »

Source: A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

The CM is the second regional integration milestone of the EAC. The EAC partner states are expected to maintain a liberal stance toward the movement of goods, services, labor, and capital, and t...

A Work in Progress
			: Integrating Markets for Goods, Labor, and Capital in the East African Community

A Work in Progress : Integrating Markets for Goods, Labor, and Capital in the East African Community »

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Emre Alper , Wenjie Chen , Jemma Dridi , Herve Joly , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2017

DOI: http://dx.doi.org/10.5089/9781475560350.087

ISBN: 9781475560350

Keywords: financial integration, East African Community, goods, labor, capital

This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the maj...

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...

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...

Fixed Base Year vs. Chain Linking in National Accounts

Fixed Base Year vs. Chain Linking in National Accounts »

Source: Fixed Base Year vs. Chain Linking in National Accounts : Experience of Sub-Saharan African Countries

Volume/Issue: 2016/133

Series: IMF Working Papers

Author(s): Robert Dippelsman , Venkat Josyula , and Eric Métreau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 2016

ISBN: 9781475569339

Keywords: System of National Accounts, chain linking, volume measures, fixed base year

There are two approaches for producing volume estimates of GDP, fixed base year and annual chaining. While most advanced economies have adopted the chain-linked approach in the past twenty years, some African count...

Food Inflation in Sub-Saharan Africa

Food Inflation in Sub-Saharan Africa »

Source: Food Inflation in Sub-Saharan Africa : Causes and Policy Implications

Volume/Issue: 2016/247

Series: IMF Working Papers

Author(s): Emre Alper , Niko Hobdari , and Ali Uppal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475563115

Keywords: South Africa, Seychelles, Sierra Leone, Rwanda, Senegal, Togo, Sub-Saharan Africa, Tanzania, Sudan, Swaziland

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persiste...