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I The West African Monetary Union and the Theory of Currency Unions

I The West African Monetary Union and the Theory of Currency Unions »

Source: The West African Monetary Union An Analytical Review

Series: Occasional Papers

Author(s): Rattan Bhatia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1985

ISBN: 9781616351083

Keywords: West African Monetary Union, rediscount, monetary fund, central bank, money supply, money market

Until 1984, the West African Monetary Union (WAMU) consisted of six West African countries—Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo. (Mali withdrew from the Union in 1961 and rejoined in 19...

II The Central Bank of West African States, 1962–74: Its Structure and Functions

II The Central Bank of West African States, 1962–74: Its Structure and Functions »

Source: The West African Monetary Union An Analytical Review

Series: Occasional Papers

Author(s): Rattan Bhatia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1985

ISBN: 9781616351083

Keywords: West African Monetary Union, rediscount, monetary fund, central bank, money supply, money market

The “politico-economic” framework within which the BCEAO operated changed between the time it look on the broader functions of a common central bank in 1962, and the revision of its statutes in 1974. At the...

III The Money Supply Process and the Use of Monetary Instruments, 1963–74

III The Money Supply Process and the Use of Monetary Instruments, 1963–74 »

Source: The West African Monetary Union An Analytical Review

Series: Occasional Papers

Author(s): Rattan Bhatia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1985

ISBN: 9781616351083

Keywords: West African Monetary Union, rediscount, monetary fund, central bank, money supply, money market

The BCEAO area is open to trade and payments, which sets obvious limits on how far it can have an independent monetary policy because the balance of payments outcome is almost exogenously determined by produ...

Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions

Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions »

Volume/Issue: 2005/087

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 November 2005

DOI: http://dx.doi.org/10.5089/9781498330824.007

ISBN: 9781498330824

Keywords: Debt relief, Exogenous Shocks Facility, Group of eight, HIPC Initiative, Poverty Reduction and Growth Facility Trust, Heavily indebted poor countries, Interest rates on loans, Financial statements, Freely usable currencies, SDR interest rates

This paper puts forward a package of proposed decisions to implement the Multilateral Debt Relief Initiative ('MDRI') and establish the Exogenous Shocks Facility within the PRGF Trust; it also provides a Commentary...

Update on the Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries

Update on the Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries »

Volume/Issue: 2011/072

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2011

DOI: http://dx.doi.org/10.5089/9781498338493.007

ISBN: 9781498338493

Keywords: Borrowing agreements, Borrowing by Fund, Concessional aid, Debt relief, Emergency assistance, Executive Board decisions, Forward commitment capacity, Gold sales by Fund, HIPC Initiative, Lapse of time approval

Lower-than-expected demand over the recent past has raised the lending capacity of the PRGT for the years 2012-14. Staff's latest projections suggest PRGT demand in 2011 could be about SDR 1.4 billion, up from SDR...

IV Credit Inflation and the Reform of the Monetary Union, 1974

IV Credit Inflation and the Reform of the Monetary Union, 1974 »

Source: The West African Monetary Union An Analytical Review

Series: Occasional Papers

Author(s): Rattan Bhatia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1985

ISBN: 9781616351083

Keywords: West African Monetary Union, rediscount, monetary fund, central bank, money supply, money market

As observed earlier, between 1963 and 1974 the deposits of commercial banks increased faster than their demand for rediscountable credit. This, coupled with the BCEAO’s readiness to provide liberal rediscoun...

Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions

Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions »

Source: Multilateral Debt Relief Initiative and Exogenous Shocks Facility - Proposed Decisions

Volume/Issue: 2005/087

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 November 2005

ISBN: 9781498330824

Keywords: Debt relief, Exogenous Shocks Facility, Group of eight, HIPC Initiative, Poverty Reduction and Growth Facility Trust, Heavily indebted poor countries, Interest rates on loans, Financial statements, Freely usable currencies, SDR interest rates

This paper puts forward a package of proposed decisions to implement the Multilateral Debt Relief Initiative ('MDRI') and establish the Exogenous Shocks Facility within the PRGF Trust; it also provides a Commentary...

Back Matter

Back Matter »

Source: The West African Monetary Union An Analytical Review

Series: Occasional Papers

Author(s): Rattan Bhatia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1985

ISBN: 9781616351083

Keywords: West African Monetary Union, rediscount, monetary fund, central bank, money supply, money market

Until 1984, the West African Monetary Union (WAMU) consisted of six West African countries- Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo. (Mali withdrew from the Union in 1961 and rejoined in 1984; it...

Front Matter

Front Matter »

Source: The West African Monetary Union An Analytical Review

Series: Occasional Papers

Author(s): Rattan Bhatia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1985

ISBN: 9781616351083

Keywords: West African Monetary Union, rediscount, monetary fund, central bank, money supply, money market

Until 1984, the West African Monetary Union (WAMU) consisted of six West African countries- Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo. (Mali withdrew from the Union in 1961 and rejoined in 1984; it...

Update on the Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries

Update on the Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries »

Source: Update on the Financing of the Fund's Concessional Assistance and Debt Relief to Low-Income Member Countries

Volume/Issue: 2011/072

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2011

ISBN: 9781498338493

Keywords: Borrowing agreements, Borrowing by Fund, Concessional aid, Debt relief, Emergency assistance, Executive Board decisions, Forward commitment capacity, Gold sales by Fund, HIPC Initiative, Lapse of time approval

Lower-than-expected demand over the recent past has raised the lending capacity of the PRGT for the years 2012-14. Staff's latest projections suggest PRGT demand in 2011 could be about SDR 1.4 billion, up from SDR...