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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...

The CFA Franc Zone

The CFA Franc Zone »

Source: The CFA Franc Zone : Currency Union and Monetary Standard

Volume/Issue: 1991/133

Series: IMF Working Papers

Author(s): James Boughton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1991

ISBN: 9781451931990

Keywords: inflation, terms of trade, price stability, neighboring countries, inflation rates

The CFA franc zone comprises a group of countries in central and west Africa whose currencies have been firmly linked to the French franc since 1948. It combines the features of a currency union with those of an ex...

Policy towards Commodity Shocks in Developing Countries

Policy towards Commodity Shocks in Developing Countries »

Source: Policy towards Commodity Shocks in Developing Countries

Volume/Issue: 1996/84

Series: IMF Working Papers

Author(s): Jan Gunning , and Paul Collier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1996

ISBN: 9781451850598

Keywords: taxation, central bank, inflation, public expenditure

On the basis of a comparative study of 23 episodes involving commodity price shocks we find that both the public and private sectors typically save around half of a windfall gain resulting from a price rise. We arg...

Exports, Inflation, and Growth

Exports, Inflation, and Growth »

Source: Exports, Inflation, and Growth

Volume/Issue: 1997/119

Series: IMF Working Papers

Author(s): Thorvaldur Gylfason

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

ISBN: 9781451854138

Keywords: Trade, Natural Resources, Economic Growth, export ratio, closed economies, open economies, high inflation

This paper identifies some of the main determinants of exports and economic growth in cross-sectional data from the World Bank, covering 160 countries in the period 1985-1994. First, the linkages between the propen...

Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa

Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa »

Source: Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa

Volume/Issue: 2008/287

Series: IMF Working Papers

Author(s): Gonzalo Salinas , and Patrick Imam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2008

ISBN: 9781451871456

Keywords: Growth, Acceleration, Deceleration, Africa, terms of trade, economic liberalization, inflation, external shocks, world demand, Volatility spillovers

The growth literature has had problems explaining the "sub-Saharan African growth dummy" in cross-country regressions. Instead of taking the usual approach of focusing on long-run growth and assuming that sub-Sahar...

Annex I Statistical Tables

Annex I Statistical Tables »

Source: 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

ISBN: 9781557755612

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

Table 3. Nominal GDP, 1990–96 (Annual percentage changes)...

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...

III Adjustment Experience

III Adjustment Experience »

Source: 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

ISBN: 9781557755612

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

Overall Performance in 1994 On the whole, in 1994 the CFA franc countries broadly achieved—and at times exceeded—the objectives of their programs for economic growth, inflation, and...