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

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

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...

Does the Long-Run Ppp Hypothesis Hold for Africa? Evidence From Panel Co-Integration Study

Does the Long-Run Ppp Hypothesis Hold for Africa? Evidence From Panel Co-Integration Study »

Source: Does the Long-Run Ppp Hypothesis Hold for Africa? Evidence From Panel Co-Integration Study

Volume/Issue: 1998/123

Series: IMF Working Papers

Author(s): Jun Nagayasu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1998

ISBN: 9781451854589

Keywords: Purchasing Power Parity, co-integration, exchange rates, exchange rate, statistics, exchange rate regimes, parallel exchange rates

This paper addresses whether parallel market exchange rates in Africa behave in the long run in a manner consistent with the purchasing power parity (PPP) hypothesis. A recent econometric method, the panel co-integ...

Economic Trends in Africa

Economic Trends in Africa »

Source: Economic Trends in Africa : The Economic Performance of Sub-Saharan African Countries

Volume/Issue: 1993/71

Series: IMF Working Papers

Author(s): Pierre Dhonte , Jean Clément , Mbuyamu Matungulu , and Dawn Rehm

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1993

ISBN: 9781451849196

Keywords: exchange systems, exchange rate, terms of trade, exchange rate regimes, exchange rates

This paper surveys recent economic developments in countries in the African Department. In the aggregate, output growth continues to be sluggish, and it is expected that half of the countries will experience a decl...

The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries1

The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries1 »

Source: The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries

Volume/Issue: 2010/205

Series: IMF Working Papers

Author(s): Chris Papageorgiou , Andrew Berg , Catherine Pattillo , and Nicola Spatafora

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455205363

Keywords: Global financial crisis, low-income countries, medium- and long-term growth, impulse response functions, growth spells, panel growth regressions, terms of trade, pre-crisis, post-crisis growth, exchange rate regime

This paper investigates the medium- and long-term growth effects of the global financial crises on Low-Income Countries (LICs). Using several methodological approaches, including impulse response function analysis,...

Global Implications of Lower Oil Prices

Global Implications of Lower Oil Prices »

Source: Global Implications of Lower Oil Prices

Volume/Issue: 2015/15

Series: Staff Discussion Notes

Author(s): Aasim Husain , Rabah Arezki , Peter Breuer , Vikram Haksar , Thomas Helbling , Paulo Medas , and Martin Sommer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

ISBN: 9781513532417

Keywords: Oil price, fuel taxes and subsidies, fiscal vulnerabilities, external vulnerabilities, exchange rate regime, oil, prices, price, oil prices, energy

The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the...

4 Growth-Oriented Macroeconomic Policies and Poverty Outcomes

4 Growth-Oriented Macroeconomic Policies and Poverty Outcomes »

Source: Macroeconomic Policy and Poverty Reduction

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

Since the emphasis of this pamphlet is on the role of macroeconomic policy in supporting a country’s poverty reduction strategy, the discussion of macroeconomic policies in this section focuses on countries...

2. How Inclusive Has Africa’s Recent High-Growth Episode Been?

2. How Inclusive Has Africa’s Recent High-Growth Episode Been? »

Source: Regional Economic Outlook, October 2011, Sub-Saharan Africa : Sustaining the Expansion

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 October 2011

ISBN: 9781616351250

Keywords: exchange rate, inflation, exchange rate regimes, exporting countries, surveys

INTRODUCTION AND SUMMARY This chapter focuses on the apparent disconnect between recent growth and poverty outcomes in sub-Saharan Africa...

I. Overview

I. Overview »

Source: Regional Economic Outlook, April 2008, Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 2008

ISBN: 9781589067110

Keywords: inflation, exchange rate, monetary policy, capital inflows, exchange rate regime

Macroeconomic developments in sub-Saharan Africa were broadly positive in 2007, with growth steady and as expected across most of the region. Inflation remains largely contained. The immediate p...

I. Overview

I. Overview »

Source: Regional Economic Outlook, Fall 2006, Sub-Saharan Africa, Supplement

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 May 2006

ISBN: 9781589065925

Keywords: exchange rate regime, exchange rate, importing countries, oil-importing countries, exporting countries

The continuing rise in oil prices is having profound effects on the countries in sub-Saharan African (SSA). 1 This report sets out to examine those effects and answer such basic q...

II. Developments in 2006

II. Developments in 2006 »

Source: Regional Economic Outlook, Fall 2006, Sub-Saharan Africa, Supplement

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 May 2006

ISBN: 9781589065925

Keywords: exchange rate regime, exchange rate, importing countries, oil-importing countries, exporting countries

Economic growth in sub-Saharan Africa is expected to moderate from 5.6 percent in 2005 to 4.8 percent in 2006 (Figure 2.1 and Table 2.1). 2 For oil exporters, there are temporary...