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Chapter 3. Fiscal Discipline in the WAEMU: Rules and Markets12

Chapter 3. Fiscal Discipline in the WAEMU: Rules and Markets12 »

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

This chapter explores the extent to which rules and market discipline are effective in ensuring fiscal sustainability in the West African Economic and Monetary Union (WAEMU). After evaluating th...

Transmittal Policy

Transmittal Policy »

Source: Transmittal Policy : The Exchange of Documents Between the Fund and Other Organizations

Volume/Issue: 2017/060

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;International Monetary Fund. Secretary's Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2017

ISBN: 9781498346276

Keywords: Basket of currencies, Central African Economic and Monetary Community, Central banking, Central banks, Currencies, Development plans, Eastern Caribbean Currency Union, Economic integration, Economic policy, European Union

history of exchanging documents with other international organizations and currency unions. The practice of exchanging documents with individual organizations dates back to the 1940s, mostly conducted through bilat...

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...

Back Matter

Back Matter »

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), like other monetary unions, faces a number of challenges in dealing with macroeconomic shocks. The region experiences a large number of exogenous shocks: climat...

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...

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

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

Volume: 13

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

DOI: http://dx.doi.org/10.5089/9781484341186.087

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), like other monetary unions, faces a number of challenges in dealing with macroeconomic shocks. The region experiences a large number of exogenous shocks: climat...

Establishing Conversion Values for New Currency Unions
			: Method and Application to the planned Gulf Cooperation Council (GCC) Currency Union

Establishing Conversion Values for New Currency Unions : Method and Application to the planned Gulf Cooperation Council (GCC) Currency Union »

Volume/Issue: 2009/184

Series: IMF Working Papers

Author(s): Bassem Kamar , Jean-Etienne Carlotti , and Russell Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2009

DOI: http://dx.doi.org/10.5089/9781451873313.001

ISBN: 9781451873313

Keywords: Currency union, conversion rates, EAC, East African Community, ECOWAS, ECU, GCC, Gulf Cooperation Council, SADC, South African Development Community

A key issue in creating a new currency union is setting the rates to convert national currencies into the new union currency. Planned unions in the Gulf region and Africa are seeking methods to set the conversion r...

West African Economic and Monetary Union (WAEMU)
			: Selected Issues

West African Economic and Monetary Union (WAEMU) : Selected Issues »

Volume/Issue: 2019/91

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 March 2019

DOI: http://dx.doi.org/10.5089/9781498305945.002

ISBN: 9781498305945

Keywords: Revenue mobilization, West African Economic and Monetary Union, Credit, Development, Economic growth, WAEMU, comparator, convergence criterion, trade flow, below-the-line

Selected Issues...

West African Economic and Monetary Union (WAEMU)
			: Common Policies for Member Countries - Press Release; Staff Report; and Statement by the Executive Director for the WAEMU

West African Economic and Monetary Union (WAEMU) : Common Policies for Member Countries - Press Release; Staff Report; and Statement by the Executive Director for the WAEMU »

Volume/Issue: 2018/106

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 April 2018

DOI: http://dx.doi.org/10.5089/9781484352809.002

ISBN: 9781484352809

Keywords: Staff Reports, Economic growth, Fiscal policy, Fiscal consolidation, Monetary policy, Debt sustainability, Financial stability, Economic indicators, Press releases, West African Economic and Monetary Union (WAEMU)

This report reviews the discussions between the IMF and the regional institutions of the West African Economic and Monetary Union (WAEMU). The economic activity in the WAEMU remains strong, but vulnerabilities rema...

Transmittal Policy
			: The Exchange of Documents Between the Fund and Other Organizations

Transmittal Policy : The Exchange of Documents Between the Fund and Other Organizations »

Volume/Issue: 2017/060

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;International Monetary Fund. Secretary's Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2017

DOI: http://dx.doi.org/10.5089/9781498346276.007

ISBN: 9781498346276

Keywords: Basket of currencies, Central African Economic and Monetary Community, Central banking, Central banks, Currencies, Development plans, Eastern Caribbean Currency Union, Economic integration, Economic policy, European Union

history of exchanging documents with other international organizations and currency unions. The practice of exchanging documents with individual organizations dates back to the 1940s, mostly conducted through bilat...