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The Gambia

The Gambia »

Source: The Gambia : Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative

Volume/Issue: 2008/109

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 2008

ISBN: 9781451815603

Keywords: debt service, external debt, debt-to-exports ratio, exports of goods

An assessment is provided of The Gambia's performance in meeting the requirements for reaching the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative is provided. Next, the paper...

De Jure Versus De Facto Exchange Rate Regimes in Sub-Saharan Africa

De Jure Versus De Facto Exchange Rate Regimes in Sub-Saharan Africa »

Source: De Jure Versus De Facto Exchange Rate Regimes in Sub-Saharan Africa

Volume/Issue: 2011/198

Series: IMF Working Papers

Author(s): Slavi Slavov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781462304233

Keywords: fixed versus floating, de jure versus de facto, exchange rate, exchange rates, exchange rate regime, equation, International Monetary Arrangements and Institutions,

There are 22 countries in Sub-Saharan Africa (SSA) with floating exchange rate regimes, de jure. Some target the money supply or the inflation rate; others practice "managed floating." Statistical analysis on month...

Domestic Debt Markets in Sub-Saharan Africa

Domestic Debt Markets in Sub-Saharan Africa »

Source: Domestic Debt Markets in Sub-Saharan Africa

Volume/Issue: 2004/46

Series: IMF Working Papers

Author(s): Jakob Christensen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2004

ISBN: 9781451846584

Keywords: domestic debt markets, government debt, domestic borrowing, financial sector, Financial Markets and the Macroeconomy, Fiscal and Monetary Policy in Development, Economywide Country Studies: Africa,

This study discusses the role of domestic debt markets in sub-Saharan Africa (SSA) based on a new dataset covering 27 SSA countries during the 20-year period 1980-2000. The study finds that domestic debt markets in...

Striving for Stability: CFA Franc Realignment

Striving for Stability: CFA Franc Realignment »

Source: Finance & Development, June 1994

Volume/Issue: 31/2

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1994

ISBN: 9781451952599

Keywords: foreign exchange, exchange rates, overvalued exchange rates, terms of trade, nontariff barriers

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly...

Public Financial Management and Fiscal Outcomes in Sub-Saharan African Heavily-Indebted Poor Countries

Public Financial Management and Fiscal Outcomes in Sub-Saharan African Heavily-Indebted Poor Countries »

Source: Public Financial Management and Fiscal Outcomes in Sub-Saharan African Heavily-Indebted Poor Countries

Volume/Issue: 2008/217

Series: IMF Working Papers

Author(s): Ezequiel Cabezon , and Tej Prakash

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2008

ISBN: 9781451870756

Keywords: Fiscal Institutions, HIPC Countries, debt, pfm systems, pfm system, interest,

This paper examines, in a formal econometric framework, the linkages between public financial management and fiscal outcomes in sub-Saharan African countries. Similar analyses have been done for Latin America, Euro...

Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa

Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa »

Source: Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa

Volume/Issue: 2010/157

Series: IMF Working Papers

Author(s): Xavier Debrun , Catherine Pattillo , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

ISBN: 9781455201402

Keywords: Monetary integration, monetary union, monetary unions, inflation, monetary policy, International Monetary Arrangements and Institutions,

This paper develops a full-fledged cost-benefit analysis of monetary integration, and applies it to the currency unions actively pursued in Africa. The benefits of monetary union come from a more credible monetary...

What is Fuzzy About Clustering in West Africa?

What is Fuzzy About Clustering in West Africa? »

Source: What is Fuzzy About Clustering in West Africa?

Volume/Issue: 2006/90

Series: IMF Working Papers

Author(s): Mahvash Qureshi , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

ISBN: 9781451863505

Keywords: Monetary integration, cluster analysis, monetary union, terms of trade, inflation, trade intensity, International Monetary Arrangements and Institutions, Semiparametric and Nonparametric Methods,

Applying techniques of clustering analysis to a set of variables suggested by the convergence criteria and the theory of optimal currency areas, this paper looks for country homogeneities to assess membership in th...

Energy Subsidies and Public Social Spending

Energy Subsidies and Public Social Spending »

Source: Energy Subsidies and Public Social Spending : Theory and Evidence

Volume/Issue: 2015/101

Series: IMF Working Papers

Author(s): Christian Ebeke , and Constant Lonkeng Ngouana

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2015

ISBN: 9781475580747

Keywords: Energy subsidies, Public social spending, Causality, subsidy, tax, energy subsidy, Cross-Sectional Models, Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation, Causality.,

This paper shows that high energy subsidies and low public social spending can emerge as an equilibrium outcome of a political game between the elite and the middle-class when the provision of public goods is subje...

The Quality of the Recent High-Growth Episode in Sub-Saharan Africa

The Quality of the Recent High-Growth Episode in Sub-Saharan Africa »

Source: The Quality of the Recent High-Growth Episode in Sub-Saharan Africa

Volume/Issue: 2013/53

Series: IMF Working Papers

Author(s): Marcelo Martinez , and Montfort Mlachila

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2013

ISBN: 9781475551426

Keywords: Quality of growth, real gdp, school enrollment, gdp growth, life expectancy, General, Measurement and Analysis of Poverty,

The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two questions: (i) what has been the nature and pattern of SSA growth over the past 15 years and how...

Growth in Sub-Saharan Africa

Growth in Sub-Saharan Africa »

Source: Growth in Sub-Saharan Africa

Volume/Issue: 1995/136

Series: IMF Working Papers

Author(s): Dhaneshwar Ghura , and Michael Hadjimichael

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781451855753

Keywords: human capital, inflation, terms of trade, private investment, monetary economics

The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relat...