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Food Inflation in Sub-Saharan Africa

Food Inflation in Sub-Saharan Africa »

Source: Food Inflation in Sub-Saharan Africa : Causes and Policy Implications

Volume/Issue: 2016/247

Series: IMF Working Papers

Author(s): Emre Alper , Niko Hobdari , and Ali Uppal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475563115

Keywords: South Africa, Seychelles, Sierra Leone, Rwanda, Senegal, Togo, Sub-Saharan Africa, Tanzania, Sudan, Swaziland

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persiste...

Perspectives économiques régionales, Mai 13
			: Afrique subsaharienne Créer une dynamique dans une économie mondiale à plusieurs vitesses

Perspectives économiques régionales, Mai 13 : Afrique subsaharienne Créer une dynamique dans une économie mondiale à plusieurs vitesses »

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 May 2013

Language: French

DOI: http://dx.doi.org/10.5089/9781484345030.086

ISBN: 9781484345030

Keywords: bond, bonds, sovereign bonds, sovereign bond, exchange rate, public debt, inflation, exchange rate pegs, debt sustainability, debt relief

Growth remained strong in the region in 2012, with regional GDP rates increasing in most countries (excluding Nigeria and South Africa). Projections point to a moderate, broad-based acceleration in growth to around...

13 Trade in WAEMU: Developments and Reform Opportunities

13 Trade in WAEMU: Developments and Reform Opportunities »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

The creation, between 1996 and 2000, of the West African Economic and Monetary Union (WAEMU) customs union was an important step toward greater regional integration in western Africa. It was part of an initi...

9 Financial Sector Integration in WAEMU

9 Financial Sector Integration in WAEMU »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

This study examines different aspects of financial integration in WAEMU in order to complement the literature on macroeconomic integration. Historically, the emphasis has been on the objective of macroeconom...

3 Long-Run Determinants of Inflation in WAEMU

3 Long-Run Determinants of Inflation in WAEMU »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

In this chapter, we propose an empirical model of the long-run determinants of the inflation rate in WAEMU member countries. Understanding the economic processes that drive inflation is important because pri...

8 What Is Fuzzy About Clustering in West Africa?

8 What Is Fuzzy About Clustering in West Africa? »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

Following the successful launch of the euro as the single currency of the European Economic and Monetary Union (EMU), there has been a renewed interest internationally in the economics of monetary integratio...

12 Trade in CEMAC: Developments and Reform Opportunities

12 Trade in CEMAC: Developments and Reform Opportunities »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

The creation of the CEMAC customs union in 1994, was a major step in the regional integration process in central Africa. The reform was part of a wider initiative to boost regional integration and policy eff...

11 Growth and Convergence in the CFA Franc Zone

11 Growth and Convergence in the CFA Franc Zone »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

Strongly linked to external price and exchange rate developments, growth performance during the post-devaluation period has varied within the CFA franc zone. Relative to sub-Saharan Africa averages, real per...

4 Fiscal Reaction Functions in the CFA Franc Zone

4 Fiscal Reaction Functions in the CFA Franc Zone »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

The two monetary unions in the CFA franc zone conduct their national economic policies within the framework of macroeconomic convergence criteria. The CFA franc zone includes WAEMU and CEMAC member countries...

1 Overview

1 Overview »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

Most independent states have their own national currencies. Worldwide, only four groups of countries issue a common currency and conduct joint monetary policy. 1 With so few count...