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Monetary Policy in Sub-Saharan Africa

Monetary Policy in Sub-Saharan Africa »

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

DOI: http://dx.doi.org/10.5089/9780198785811.071

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

Monetary policy in sub-Sahara Africa (SSA) has undergone an important transformation in recent decades. With the advent of sustained growth and generally stable fiscal policies in much of the region, many countries...

Aftermath of the CFA Franc Devaluation

Aftermath of the CFA Franc Devaluation »

Series: Occasional Papers

Author(s): Stéphane Cossé , Johannes Mueller , Jean Le Dem , and Jean Clément

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 June 1996

DOI: http://dx.doi.org/10.5089/9781557755612.084

ISBN: 9781557755612

Keywords: central bank, central banks, monetary policy, inflation, money market

Developments in the countries of the CFA franc zone in the aftermath of the January 1994 devaluation of the CFA franc are reviewed in this paper. Following a summary of the new adjusment strategy, the papers descri...

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: 2003/398

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 December 2003

ISBN: 9781451806502

Keywords: monetary policy, fiscal policy, central bank, fiscal balance, economic outlook

Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and nee...

Central African Economic and Monetary Community: Recent Developments and Regional Policy Issues Supplementary Information

Central African Economic and Monetary Community: Recent Developments and Regional Policy Issues Supplementary Information »

Source: Central African Economic and Monetary Community : Recent Developments and Regional Policy Issues

Volume/Issue: 2003/398

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 December 2003

ISBN: 9781451806502

Keywords: monetary policy, fiscal policy, central bank, fiscal balance, economic outlook

Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and nee...

IMF Concludes Discussion of Recent Developments and Regional Policy Issues in the Central African Economic and Monetary Community

IMF Concludes Discussion of Recent Developments and Regional Policy Issues in the Central African Economic and Monetary Community »

Source: Central African Economic and Monetary Community : Recent Developments and Regional Policy Issues

Volume/Issue: 2003/398

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 December 2003

ISBN: 9781451806502

Keywords: monetary policy, fiscal policy, central bank, fiscal balance, economic outlook

Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and nee...

Statement by Damian Ondo Mañe, Executive Director on Recent Developments and Regional Policy Issues in the Central African Economic and Monetary Community

Statement by Damian Ondo Mañe, Executive Director on Recent Developments and Regional Policy Issues in the Central African Economic and Monetary Community »

Source: Central African Economic and Monetary Community : Recent Developments and Regional Policy Issues

Volume/Issue: 2003/398

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 December 2003

ISBN: 9781451806502

Keywords: monetary policy, fiscal policy, central bank, fiscal balance, economic outlook

Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and nee...

The International Financial Crisis and Global Recession

The International Financial Crisis and Global Recession »

Source: The International Financial Crisis and Global Recession : Impact on the CEMAC Region and Policy Considerations

Volume/Issue: 2009/20

Series: IMF Staff Position Notes

Author(s): Dimitre Milkov , Rafael Portillo , Plamen Iossifov , and John Wakeman-Linn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2009

ISBN: 9781455255252

Keywords: Emerging markets, Global financial crisis, policy response, cost containment, CEMAC, fiscal policy, fiscal sustainability, monetary policy, foreign exchange, exchange rate

The financial sector of the Central African Economic and Monetary Community (CEMAC) has been seriously affected by the global financial crisis and resulting global recession. This note assesses the response of CEMA...

1 Monetary Policy in Sub-Saharan Africa

1 Monetary Policy 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 Central banks (CBs) in sub-Saharan Africa (SSA) have made great progress over the past two decades in stabilizing inflation, to single digits on average, in the contex...

2 Inflation Targeting in Uganda

2 Inflation Targeting in Uganda »

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 The Bank of Uganda (BOU) introduced its inflation targeting (IT) monetary policy framework in July 2011, replacing a monetary targeting (MT) framework which had been i...

3 Introduction to Part I

3 Introduction to Part I »

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

Our understanding of monetary policy in LICs, as with any economic subject, must be fundamentally empirical. Theory is unlikely to give an unambiguous answer to any important policy...