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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...

Access to Bank Credit in Sub-Saharan Africa

Access to Bank Credit in Sub-Saharan Africa »

Source: Access to Bank Credit in Sub-Saharan Africa : Key Issues and Reform Strategies

Volume/Issue: 2005/166

Series: IMF Working Papers

Author(s): Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2005

ISBN: 9781451861853

Keywords: Banking systems, bank credit, banking, banking system, financial system, working capital, Financial Markets and the Macroeconomy, Financial Institutions and Services: Government Policy and Regulation, Fiscal and Monetary Policy in Development, Economywide Country Studies: Africa,

This study discusses issues of access to bank credit in Sub-Saharan Africa, and examines measures that could help facilitate access by the private sector to bank credit. It reviews in particular obstacles to credit...

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

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

DOI: http://dx.doi.org/10.5089/9781513511832.071

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) has a long and varied history, and this book examines how the WAEMU can achieve its development and stability objectives, improve the livelihood of its people, a...

Back Matter

Back Matter »

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) has a long and varied history, and this book examines how the WAEMU can achieve its development and stability objectives, improve the livelihood of its people, a...

Front Matter

Front Matter »

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) has a long and varied history, and this book examines how the WAEMU can achieve its development and stability objectives, improve the livelihood of its people, a...

Chapter 3. Constraints on Monetary Policy From Shallow Financial Markets

Chapter 3. Constraints on Monetary Policy From Shallow Financial Markets »

Source: West African Economic and Monetary Union : Financial Depth and Macrostability

Series: Departmental Papers / Policy Papers

Author(s): Patrick Imam , and Christina Kolerus

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2013

ISBN: 9781484348222

Keywords: Banking sector, Cross country analysis, Financial institutions, Financial systems, Microfinance, Monetary policy, Macroprudential Policy, West African Economic and Monetary Union, West Africa, banking

A shallow financial system has important implications for macroeconomic policies in the West African Economic and Monetary Union (WAEMU). First, it limits scope for countercyclical fiscal policies. Although...

Chapter 16. Country Effects of a Single Monetary Policy

Chapter 16. Country Effects of a Single Monetary Policy »

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 transmission to individual West African Economic and Monetary Union (WAEMU) countries of the Central Bank of West African States’ (BCEAO’s) single monetary policy has remained, on average, l...

Chapter 5. Debt Sustainability in the WAEMU16

Chapter 5. Debt Sustainability in the WAEMU16 »

Source: Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union

Series: Departmental Papers / Policy Papers

Author(s): Christina Kolerus , Aleksandra Zdzienicka , Ermal Hitaj , and Douglas Shapiro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2013

ISBN: 9781484341186

Keywords: External shocks, Cross country analysis, Business cycles, Monetary policy, Fiscal policy, Fiscal stability, West African Economic and Monetary Union, West Africa, monetary union, debt sustainability

Thanks to debt relief, all West African Economic and Monetary Union (WAEMU) countries now have public debt—to-GDP ratios way below 70 percent, the ceiling set by the...

Chapter 4. External Stability Assessment13

Chapter 4. External Stability Assessment13 »

Source: Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union

Series: Departmental Papers / Policy Papers

Author(s): Christina Kolerus , Aleksandra Zdzienicka , Ermal Hitaj , and Douglas Shapiro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2013

ISBN: 9781484341186

Keywords: External shocks, Cross country analysis, Business cycles, Monetary policy, Fiscal policy, Fiscal stability, West African Economic and Monetary Union, West Africa, monetary union, debt sustainability

The West African Economic and Monetary Union (WAEMU) current account deficit has hovered around 5percent of GDP during the last decade and has been financed mainly by aid and foreign direct inve...

Chapter 20. Financial Development: Level, Depth, and Access

Chapter 20. Financial Development: Level, Depth, and Access »

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 level of the financial sector development in the West African Economic and Monetary Union (WAEMU) can be assessed with respect to its depth, breadth, and access to financial services by comp...