Back Matter

Back Matter

International Monetary Fund. African Dept.
Published Date:
April 2008
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      Adam, Christopher, and StephenO’Connell, 2006, “Monetary Policy and Aid Management in Sub-Saharan Africa” (non publié; Oxford: Department of Economics, University of Oxford).

      Adam, Christopher, EdwardBuffie, and Catherine A.Pattillo, 2007, “Monetary Policy Rules for Managing Aid Surges in Africa,IMF Working Paper 07/180 (Washington: International Monetary Fund).

      Adenikinju, A., 2005, “Analysis of the Cost of Infrastructure Failures in a Developing Economy: The Case of the Electricity Sector in Nigeria,AERC Research Paper No. 148 (Nairobi: African Economic Research Consortium).

      Alfaro, L., and A.Charlton, 2007, “International Financial Integration and Entrepreneurial Firm Activity,NBER Working Paper No. 13118 (Cambridge, Massachusetts: National Bureau of Economic Research).

      Alfaro, L., S.Kalemli-Ozcan, and V.Volosovych, 2005a, “Capital Flows in a Globalized World: The Role of Policies and Institutions,NBER Working Paper No. 11696 (Cambridge, Massachusetts: National Bureau of Economic Research).

      Alfaro, L., S.Kalemli-Ozcan, and V.Volosovych, 2005b, “Why Doesn’t Capital Flow from Rich to Poor Countries? An Empirical Investigation,NBER Working Paper No. 11901 (Cambridge, Massachusetts: National Bureau of Economic Research).

      Aykut, Dilek, and SelinSayek, 2007, “The Role of the Sectoral Composition of Foreign Direct Investment on Growth” in Do Multinationals Feed Local Development and Growth? ed. by LuciaPiscitello and Grazia D.Santangelo (Amsterdam: Elsevier).

      Banerjee, S., Q.Wodon, A.Diallo, T.Pushak, H.Uddin, C.Tsimpo, and V.Foster, 2008, “Access, Affordability and Alternatives: Modern Infrastructure Services in Sub-Saharan Africa,Africa Infrastructure Country Diagnostic (Washington: World Bank).

      Banque des règlements internationaux (BRI), 2005, “Foreign Exchange Market Intervention in Emerging Markets: Motives, Techniques and Implications,BIS Paper No. 24 (Basel).

      Banque mondiale, 2007a, Doing Business 2008 (Washington, September).

      Banque mondiale, 2007b, Global Development Finance: The Globalization of Corporate Finance in Developing Countries (Washington).

      Banque mondiale, 2007c, “Private Participation in Infrastructure Project Database.Disponible sur internet à l’adresse:

      Bekaert, Geert, Campbell R.Harvey, and ChristianLundblad, 2005, “Does Financial Liberalization Spur Growth?Journal of Financial Economics, Vol. 77 (July), pp. 355.

      Bekaert, Geert, Campbell R.Harvey, and ChristianLundblad, 2006, “Growth Volatility and Financial Liberalization,Journal of International Money and Finance, Vol. 25 (April), pp. 370403.

      Berg, Andrew, ShekharAiyar, MumtazHussain, ShaunRoache, TokhirMirzoev, and AmberMahone, 2007, The Macroeconomics of Scaling Up Aid: Lessons from Recent Experience, IMF Occasional Paper No. 253 (Washington: International Monetary Fund).

      Berg, Andrew, and EduardoBorensztein, 2000, “The Choice of Exchange Rate Regime and Monetary Target in Highly Dollarized Economies,Journal of Applied Economics, Vol. 3 (November), pp. 285324.

      Berg, Andrew, SeanHagan, ChristopherHarvis, BernhardSteinki, MarkStone, and AlessandroZanello, 2003, “Reestablishing a Credible Nominal Anchor after a Financial Crisis,” in Managing Financial Crises: Recent Experience and Lessons for Latin America, ed. by CharlesCollyns and G.Russell Kincaid, IMF Occasional Paper No. 217 (Washington: International Monetary Fund).

      Berg, Andrew, PhilippeKaram, and DouglasLaxton, 2006, “A Practical Model-Based Approach to Monetary Policy Analysis—Overview,IMF Working Paper 06/80 (Washington: International Monetary Fund).

      Berg, Andrew, and RafaelPortillo, à paraître, “Money in Africa: Money Targeting in a New Keynesian Model with Incomplete Information” (non publié;Washington: International Monetary Fund).

      Bernanke, Ben, ThomasLaubach, FredericMishkin, and AdamPosen, 1999, Inflation Targeting: Lessons from the International Experience (Princeton, New Jersey: Princeton University Press).

      Besant-Jones, J.E., 2006, “Reforming Power Markets in Developing Countries: What Have We Learned?Energy and Mining Sector Board Discussion Paper No. 19 (Washington: World Bank).

      Briceno-Garmendia, Cecilia, 2006, “A Brief Note on the Electric Power Sector in Africa and the WB Involvement” (non publié; Washington: World Bank).

      Briceno-Garmendia, Cecilia, and K.Smits, 2008, “Fiscal Costs of Infrastructure in Sub-Saharan Africa,Africa Infrastructure Country Diagnostic (Washington: World Bank).

      Buffie, Edward, 2003, “Tight Money, Real Interest Rates, and Inflation in Sub-Saharan Africa,IMF Staff Papers, Vol. 50 (March), pp. 11535.

      Calderon, C., 2008, “Infrastructure and Growth in Africa,Africa Infrastructure Country Diagnostic Working Paper (Washington: World Bank).

      Calvo, Guillermo, and CarmenReinhart, 2002, “Fear of Floating,Quarterly Journal of Economics, Vol. 117 (May), pp. 379408.

      Calvo, Guillermo, and CarlosVégh, 1995, “Targeting the Real Exchange Rate: Theory and Evidence,Journal of Development Economics, Vol. 47 (June), pp. 97133.

      Carstens, Agustín, and AlejandroWerner, 1999, “Mexico’s Monetary Policy Framework Under a Floating Exchange Rate Regime,Working Paper No. 99-05 (Mexico City: Banco de Mexico).

      Cheng, Kevin, 2006, “A VAR Analysis of Kenya’s Monetary Policy Transmission Mechanism: How Does the Central Bank’s REPO Rate Affect the Economy?IMF Working Paper 06/300 (Washington: International Monetary Fund).

      Chinn, M.D., and H.Ito, 2006, “What Matters for Financial Development? Capital Controls, Institutions, and Interactions,Journal of Development Economics, Vol. 81 (October), pp. 16392.

      Chinn, M.D., and H.Ito, 2007, “A New Measure of Financial Openness.Disponible sur internet à l’adresse:

      Cihák, Martin, and RichardPodpiera, 2005, “Bank Behavior in Developing Countries: Evidence from East Africa,IMF Working Paper 05/129 (Washington: International Monetary Fund).

      Clarida, Richard, JordiGalí, and MarkGertler, 1998, “Monetary Policy Rules in Practice: Some International Evidence,European Economic Review, Vol. 42 (June), pp. 103367.

      Clément, Jean A.P., ed., 2004, Postconflict Economics in Sub-Saharan Africa: Lessons from the Democratic Republic of the Congo (Washington: International Monetary Fund).

      Clément, Jean A.P., and Shanaka J.Peiris, eds., à paraître, Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique (Washington: International Monetary Fund).

      Coenen, Gunter, AndrewLevin, and VolkerWieland, 2005, “Data Uncertainty and the Role of Money as an InformationVariable for Monetary Policy,European Economic Review, Vol. 49 (May), pp. 9751006.

      Collier, Paul, 1999, “On the Economic Consequences of Civil War,Oxford Economic Papers, Vol. 51 (January), pp. 16883.

      Collier, Paul, and StephenO’Connell, 2006, “Opportunities and Choices,” in Explaining African Economic Growth (Oxford: Center for Study of African Economies).

      Collins, D., and M.Abrahamson, 2006, “Measuring the Cost of Equity in African Financial Markets,Emerging Markets Review, Vol. 7 (March), pp. 6781.

      Djankov, Simeon, CaraleeMcLiesh, and AndreiShleifer, 2005, “Private Credit in 129 Countries,NBER Working Paper No. 11078 (Cambridge, Massachusetts: National Bureau of Economic Research).

      Eberhard, A. and others, 2008, “Review of the State of the Power Sector in Sub-Saharan Africa,Africa Infrastructure Country Diagnostic (Washington: World Bank).

      Ebinger, J., 2006, “Measuring Financial Performance in Infrastructure: An Application to Europe and Central Asia,Policy Research Working Paper No. 3992 (Washington: World Bank).

      Econ Analysis, 2008, “Costing Power Infrastructure Investment Needs in Sub-Saharan Africa,Africa Infrastructure Country Diagnostic (Washington: World Bank).

      Edison, H., M.Klein, L.A.Ricci, and T.Sløk, 2004, “Capital Account Liberalization and Economic Performance: Survey and Synthesis,IMF Staff Papers, Vol. 51 (August), pp. 22056.

      Edwards, S., and R.Rigobon, 2005, “Capital Controls, Exchange Rate Volatility and External Vulnerability,NBER Working Paper No. 11434 (Cambridge, Massachusetts: National Bureau of Economic Research).

      Eichengreen, Barry, PaulMasson, MiguelSavastano, and ShunilSharma, 1999, “Transition Strategies and Nominal Anchors on the Road to Greater Exchange-Rate Flexibility,Princeton Essays in International Economics No. 213 (Princeton, New Jersey: Princeton University).

      Elbadawi, Ibrahim, LindaKaltani, and RaimundoSoto, 2007, “Real Exchange Rate Misalignment in Sub-Saharan Africa: How Serious? How Dangerous?” (non publié; Washington: World Bank).

      Escribano, A., J.L.Guasch, and J.Pena, 2008, “A Robust Assessment of the Impact of Infrastructure on African Firm’s Productivity,Africa Infrastructure Country Diagnostic (Washington: World Bank).

      Faria, André, and PaoloMauro, 2004, “Institutions and the External Capital Structure of Countries,IMF Working Paper 04/236 (Washington: International Monetary Fund).

      Faria, André, MartínMinnoni, and AleksandarZaklan, 2006, “The External Financing of Emerging Market Countries: Evidence from Two Waves of Financial Globalization,IMF Working Paper 06/205 (Washington: International Monetary Fund).

      Fischer, Stanley, RatnaSahay, and CarlosVégh, 2002, “Modern Hyper- and High Inflations,Journal of Economic Literature, Vol. 40 (September), pp. 83780.

      Fonds monétaire international, 1998, Nigeria—Selected Issues and Statistical Appendix, IMF Country Report No. 98/78 (Washington: International Monetary Fund).

      Fonds monétaire international, 2004a, “Public Investment and Fiscal Policy” (Washington).

      Fonds monétaire international, 2004b, Perspectives de l’économie mondiale (Washington, septembre).

      Fonds monétaire international, 2005, Perspectives économiques régionales: Afrique subsaharienne (Washington, mai).

      Fonds monétaire international, 2006a, Perspectives économiques régionales: Afrique subsaharienne (Washington, mai).

      Fonds monétaire international, 2006b, Perspectives économiques régionales: Afrique subsaharienne (Washington, septembre).

      Fonds monétaire international, 2007a, “Aid Inflows: The Role of the Fund and Operational Issues for Program Design” (Washington, June14). Disponible sur internet à l’adresse:

      Fonds monétaire international, 2007b, “Fiscal Policy Response to Scaled Up Aid” (Washington, June5). Disponible sur internet à l’adresse:

      Fonds monétaire international, 2007c, Global Financial Stability Report (Washington, October).

      Fonds monétaire international, 2007d, “Reaping the Benefits of Financial Globalization” (Washington, June1). Disponible sur internet à l’adresse:

      Fonds monétaire international, 2007e, Perspectives économiques régionales: Afrique subsaharienne (Washington, octobre).

      Fonds monétaire international, 2007f, Perspectives de l’économie mondiale (Washington, octobre).

      Foster, V., and J.Steinbuks, 2008, “Paying the Price for Unreliable Power Supplies: In-House Generation of Electricity by Firms in Africa,Africa Infrastructure Country Diagnostic (Washington: World Bank).

      Frankel, Jeffrey, 2004, “Experiences of and Lessons from Exchange Rate Regimes in Emerging Economies,” in Monetary and Financial Integration in East Asia: The Way Ahead, Vol. 1, ed. by Asian Development Bank (New York: Palgrave Macmillan).

      Galí, Jordi, and MarkGertler, 2007, “Macroeconomic Modeling for Monetary Policy Evaluation,Journal of Economic Perspectives, Vol. 21 (Fall), pp. 2546.

      Galindo, Arturo, and AlejandroMicco, 2004, “Creditor Protection and Financial Markets: Empirical Evidence and Implications for Latin America,Atlanta Federal Reserve Bank Economic Review (Second Quarter), pp. 2937.

      Gerlach, Stefan, and LarsSvensson, 2003, “Money and Inflation in the Euro Area: A Case for Monetary Indicators?Journal of Monetary Economics, Vol. 50 (November), pp. 164972.

      Ghosh, Atish, CharisChristofides, JunKim, LauraPapi, UmaRamakrishnan, AlunThomas, and JuanZalduendo, 2005, The Design of IMF-Supported Programs, IMF Occasional Paper No. 241 (Washington: International Monetary Fund).

      GoldmanSachs, 2008, “Africa Rising,Global Economics Weekly, No. 08/04.

      Goodfriend, Marvin, 2007, “How the World Achieved Consensus on Monetary Policy,Journal of Economic Perspectives, Vol. 21 (Fall), pp. 4768.

      Gourinchas, P.-O., and O.Jeanne, 2007, “Capital Flows to Developing Countries: The Allocation Puzzle,NBER Working Paper No. 13602 (Cambridge, Massachusetts: National Bureau of Economic Research).

      Gratwick, K.N., and A.Eberhard, 2007, “An Analysis of Independent Power Projects in Africa: Understanding Development and Investment Outcomes,Management Programme in Infrastructure Reform & Regulation Working Paper (Cape Town, South Africa: Graduate School of Business, University of Cape Town).

      Gupta, Sanjeev, RobertPowell, and YongzhengYang, 2006, Macroeconomic Challenges of Scaling Up Aid to Africa: A Checklist for Practitioners (Washington: International Monetary Fund).

      Harjes, Thomas, and LucaRicci, 2005, “A Quantitative Analysis of Inflation Dynamics in South Africa,” in South Africa—Selected Issues, IMF Country Report No. 05/345 (Washington: International Monetary Fund).

      Henry, P.B., 2006, “Capital Account Liberalization: Theory, Evidence, and Speculation,NBER Working Paper No. 12698 (Cambridge, Massachusetts: National Bureau of Economic Research).

      The Infrastructure Consortium for Africa, 2008, Annual Report, Vol. 1 (Tunis: The Infrastructure Consortium for Africa).

      International Action Network on Small Arms (IANSA), Oxfam, and Saferworld, 2007, “Africa’s Missing Billions: International Arms Flows and the Cost of Conflict,Briefing Paper No. 107 (London).

      Ishii, Shogo, KarlHabermeier, and others, 2002, Capital Account Liberalization and Financial Sector Stability, IMF Occasional Paper No. 211 (Washington: International Monetary Fund).

      Jeanne, Olivier, and AndrewRose, 2002, “Noise Trading and Exchange Rate Regimes,Quarterly Journal of Economics, Vol. 117 (May), pp. 53769.

      Kamil, Herman, 2008, “Is Exchange Rate Intervention Effective Under Inflation Targeting: The Case of Colombia?” (non publié;Washington: International Monetary Fund).

      Kamin, Steve, PhilipTurner, and JozefVan’t dack, 1998, “The Transmission Mechanism of Monetary Policy in Emerging Market Economies: An Overview,” in The Transmission of Monetary Policy in Emerging Market Economies, BIS Policy Paper No. 3 (Basel: Bank for International Settlements).

      Klein, M.W., 2005, “Capital Account Liberalization, Institutional Quality and Economic Growth: Theory and Evidence,NBER Working Paper No. 11112 (Cambridge, Massachusetts: National Bureau of Economic Research).

      Knight, Malcolm, NormanLoayza, and DelanoVillanueva, 1996, “The Peace Dividend: Military Spending Cuts and Economic Growth,Policy Research Working Paper No. 1577 (Washington: International Monetary Fund).

      Kose, M. Ayhan, EswarPrasad, Shang-JinWei, and KennethRogoff, 2006, “Financial Globalization: A Reappraisal,IMF Working Paper 06/189 (Washington: International Monetary Fund).

      Kose, M, Ayhan, Eswar Prasad, and MarcoTerrones, 2007, “How Does Financial Globalization Affect Risk Sharing? Patterns and Channels,IMF Working Paper 07/238 (Washington: International Monetary Fund).

      La Porta, Rafael, FlorencioLopez-de-Silanes, AndreiShleifer, and RobertVishny, 1998, “Law and Finance,Journal of Political Economy, Vol. 106 (December), pp. 111355.

      Laurens, Bernard, 2005, Monetary Policy Implementation at Different Stages of Market Development, IMF Occasional Paper No. 244 (Washington: International Monetary Fund).

      Lukonga, Inutu, à paraître, “Financial Market Development: Survey of Sub-Saharan African Countries,IMF Working Paper (Washington: International Monetary Fund).

      Magud, Nicolas, and Carmen M.Reinhart, 2007, “Capital Controls: An Evaluation,” in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, ed. by SebastianEdwards (Chicago: University of Chicago Press), pp. 64574.

      Martin, M., and C.Rose-Innes, 2004, “Private Capital Flows to Low-Income Countries: Perception and Reality,Canadian Development Report 2004, Chapter 2 (Ottawa: The North-South Institute).

      Masson, Paul, and CatherinePattillo, 2004, The Monetary Geography of Africa (Washington: Brookings Institution Press).

      McCallum, Bennett, 2007, “Monetary Policy in East Asia: The Case of Singapore,IMES Discussion Paper 2007-E-10 (Tokyo: Bank of Japan).

      McDonald, Calvin, and LilianaSchumacher, 2007, “Financial Deepening in Sub-Saharan Africa: Empirical Evidence on the Role of Creditor Rights Protection and Information Sharing,IMF Working Paper 07/203 (Washington: International Monetary Fund).

      Mikkelsen, Jan, 2008, “Monetary Policy and Inflation,” in Zambia—Selected Issues, IMF Country Report No. 08/29 (Washington: International Monetary Fund).

      Mills, Marshall, and HansWeisfeld, 2008, “Inflation Targeting Framework for Ghana,” in Ghana—Selected Issues, IMF Country Report (à paraître;Washington: International Monetary Fund).

      Mishkin, Frederic, 2007, Monetary Policy Strategy (Cambridge, Massachusetts: MIT Press).

      Moran, Theodore H., Edward M.Graham, and MagnusBlomström, eds., 2005, Does Foreign Direct Investment Promote Development? (Washington: Institute for International Economics).

      Mussa, Michael, 1986, “Nominal Exchange Rate Regimes and the Behavior of Real Exchange Rates: Evidence and Implications,Carnegie-Rochester Conference Series on Public Policy, Vol. 25 (Autumn), pp. 117214.

      Mussa, Michael, PaulMasson, AlexanderSwoboda, EstebanJadresic, PaoloMauro, and AndrewBerg, 2000, Exchange Rate Regimes in an Increasingly Integrated World Economy, IMF Occasional Paper No. 193 (Washington: International Monetary Fund).

      Nachega, Jean-Claude, 2005, “Fiscal Dominance and Inflation in the Democratic Republic of the Congo,IMF Working Paper 05/221 (Washington: International Monetary Fund).

      OCDE, 2008, International Development Statistics CD-Rom 2008 Edition (Paris: Organization for Economic Cooperation and Development).

      Ötker-Robe, Inci, and DavidVavra, 2007, Moving to Greater Exchange Rate Flexibility: Operational Aspects Based on Lessons from Detailed Country Experiences, IMF Occasional Paper No. 256 (Washington: International Monetary Fund).

      Parrado, Eric, 2004, Singapore’s Unique Monetary Policy: How Does it Work? IMF Working Paper 04/10 (Washington: International Monetary Fund).

      Peiris, Shanaka J., and MagnusSaxegaard, 2007, “An Estimated DSGE Model for Monetary Policy Analysis in Low-Income Countries,IMF Working Paper 07/282 (Washington: International Monetary Fund).

      Prasad, Eswar S., Raghuram G.Rajan, and ArvindSubramanian, 2007, “Foreign Capital and Economic Growth,Brookings Papers on Economic Activity: 1, Brookings Institution, pp. 153209.

      Programme des Nations Unies pour le développement/Programme d’assistance à la gestion du secteur énergétique (PNUD/ESMAP), 2005, “The Impact of Higher Oil Prices on Low-Income Countries and on the Poor” (Washington: World Bank).

      Reynard, Samuel, 2007, “Maintaining Low Inflation: Money, Interest Rates, and Policy Stance,Journal of Monetary Economics, Vol. 54 (July), pp. 144171.

      Rose, Andrew, 2000, “One Money, One Market: Estimating the Effect of Common Currencies on Trade,Economic Policy, Vol. 15 (April), pp. 746.

      Sacerdoti, Emilio, 2005, “Access to Bank Credit in Sub-Saharan Africa: Key Issues and Reform Strategies,IMF Working Paper 05/166 (Washington: International Monetary Fund).

      Saxegaard, Magnus, 2006, “Excess Liquidity and Effectiveness of Monetary Policy: Evidence from Sub-Saharan Africa,IMF Working Paper 06/115 (Washington: International Monetary Fund).

      Seitz, Franz, and Karl-HeinzTödter, 2001, “How the P* Model Rationalizes Monetary Targeting: A Comment on Svensson,German Economic Review, Vol. 2 (August), pp. 30308.

      Selassie, Abebe, Benedict J.Clements, ShamsuddinTareq, JanKees Martijn, and GabrielDi Bella, 2006, Designing Monetary and Fiscal Policy in Low-Income Countries, IMF Occasional Paper No. 250 (Washington: International Monetary Fund).

      Steinberg, Chad, à paraître, “Nigerian Inflation: A Structural Model for Policy Analysis,” in South Africa—Selected Issues, IMF Country Report (Washington: International Monetary Fund).

      Stone, Mark, 2003, “Inflation Targeting Lite,IMF Working Paper 03/12 (Washington: International Monetary Fund).

      Stone, Mark, and AshokBhundia, 2004, “A New Taxonomy of Monetary Regimes,IMF Working Paper 04/191 (Washington: International Monetary Fund).

      Svensson, Lars, 1997, “Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets,European Economic Review, Vol. 41 (June), pp. 111146.

      Svensson, Lars, 2000, “Does the P* Model Provide Any Rationale for Monetary Targeting?German Economic Review, Vol. 1 (February), pp. 6981.

      Svensson, Lars, 2001, “Response to Seitz and Tödter, How the P* Model Rationalises Monetary Targeting—A Comment on Svensson,German Economic Review, Vol. 2 (August), pp. 30912.

      Svensson, Lars, and MichaelWoodford, 2003, “Indicator Variables for Monetary Policy,Journal of Monetary Economics, Vol. 50 (April), pp. 691720.

      Uanguta, Ebson, and SylvanusIkhide, 2002, “Monetary Policy Transmission Mechanism in Namibia,BON Working Paper No. 2/02 (Windhoek, Namibia: Bank of Namibia Research Department).

      van den Boogaerde, Pierre, and CharalambosTsangarides, 2005, “Ten Years After the CFA Franc Devaluation: Progress Toward Regional Integration in the WAEMU,IMF Working Paper 05/145 (Washington: International Monetary Fund).

      Veyrune, Romain, 2007, “Fixed Exchange Rates and the Autonomy of Monetary Policy: The Franc Zone Case,IMF Working Paper 07/34 (Washington: International Monetary Fund).

      Wodon, Quentin, and others, 2008, “Electricity Tariffs and the Poor: Case Studies for Sub-Saharan Africa,Africa Infrastructure Country Diagnostic (Washington: World Bank).

      Yepes, T., J.Pierce, and V.Foster, 2008, “Making Sense of Sub-Saharan Africa’s Infrastructure Endowment: A Benchmarking Approach,Africa Infrastructure Country Diagnostic (Washington: World Bank).

    Publications du Département Afrique du FMI, 2004–08


    The CFA Franc Zone: Common Currency, Uncommon ChallengesGulde, Anne-Marie, and Charalambos Tsangarides, eds.
    Post-Stabilization Economics in Sub-Saharan Africa: Lessons from MozambiqueClément, Jean A.P., and Shanaka J. Peiris, eds.
    Sub-Saharan Africa: Forging New Links with AsiaCarey, Kevin, Sanjeev Gupta, and Ulrich Jacoby
    Sub-Saharan Africa: Financial Sector ChallengesGulde, Anne-Marie, Catherine Pattillo, Jakob Christensen, Kevin Carey, and Smita Wagh
    Macroeconomic Challenges of Scaling Up Aid to AfricaGupta, Sanjeev, Robert Powell, and Yongzheng Yang
    Sustaining and Accelerating Pro-Poor Growth in AfricaPattillo, Catherine, Sanjeev Gupta, and Kevin Carey
    Regional Trade Arrangements in AfricaYang, Yongzheng, and Sanjeev Gupta
    Post-Apartheid South Africa: The First Ten YearsNovak, Michael, and Luca Ricci, eds.
    “The ICT Sector and the Global Economy: Counting the Gains” in: The Global Information Technology Report 2004/05Haacker, Markus
    Lifting the Oil Curse: Improving Petroleum Revenue Management in Sub-Saharan AfricaBartxch, Ulrich, Milan Cuc, Menachem Katz, and Harinder Malothra
    The Macroeconomics of HIV/AIDSHaacker, Markus
    Mauritius: Challenges to Sustained GrowthSacerdoti, Emilio, Gamal El Masry, Padamia Khandelwal, and Yudong Yao
    Postconflict Economics in Sub-Saharan Africa: Lessons from the Democratic Republic of the CongoClément, Jean A.P.


    Exchange Rate Assessment in a Resource-Dependent Economy: The Case of BotswanaDeléchat, Corinne, and Matthew Gaertner
    High and Volatile Treasury Yields in Tanzania: The Role of Strategic Bidding and Auction MicrostructureAbbas, S. M. Ali, and Yuri Vladimirovich Sobolev
    Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana’s Reliance on Diamond RevenueBasdevant, Olivier
    Testing for Structural Breaks in Small SamplesAntoshin, Sergei, Andrew Berg, and Marcos Souto
    Trade in the WAEMU: Developments and Reform OpportunitiesWeisfeld, Hans, and Manuela Goretti
    Financial Development and Poverty Reduction: Can There Be a Benefit Without a Cost?Jeanneney, Sylviane Guillaumont, and Kangni Kpodar
    What Makes Growth Sustained?Berg, Andrew, Jonathan Ostry, and Jeromin Zettelmeyer
    Big Government, High Debt, and Fiscal Adjustment in Small StatesMedina Case, Stephanie, and Rui Ota
    Terms of Trade Shocks and Economic RecoveryFunke, Norbert, Eleonora Granziera, and Patrick A. Iman
    Where Did All the Aid Go? An Empirical Analysis of Absorption and SpendingAiyar, Shekhar, and Umal Ruthbah
    The Determinants of Stock Market Development in Emerging EconomiesYartey, Charles Amo
    Modeling Inflation for MaliDiouf, Mame Astour
    An Estimated DSGE Model for Monetary Policy Analysis in Low-Income CountriesPeiris, Shanaka J., and Magnus Saxegaard
    Optimal Taxation in the Forestry Sector in the Congo Basin: The Case of GabonMelhado, Oscar
    Implications of Oil Inflows for Savings and Reserves Management in the CEMACDrummond, Paulo
    Fiscal Reaction Functions in the CFA Zone: An Analytical PerspectiveAdedeji, Olumuyiwa, and Oral Williams
    Inter-sectoral Linkages and Local Content in Extractive Industries and Beyond—The Case of São Tomé and PrincipeKleuh, Ulrich, Gonzalo Pastor, Alonso Segura, and Walter Zarate
    Competitiveness in the CFA Franc ZoneRamirez, Gustavo, and Charalambos Tsangarides
    What Drives China’s Growing Role in Africa?Wang, Jian-Ye
    Stock Market Development in Sub-Saharan Africa: Critical Issues and ChallengesYartey, Charles Amo, and Charles Komla Adjasi
    Financial Deepening in Sub-Saharan Africa: Empirical Evidence on the Role of Creditor RightsMcDonald, Calvin, and Liliana Schumacher
    Estimation of Equilibrium Exchange Rates in the WAEMU: A Robustness ApproachRoudet, Stephane, Magnus Saxegaard, and Charalambos Tsangarides
    Monetary Policy Rules for Managing Aid Surges in AfricaAdam, Christopher, Stephen O’Connell, Edward Buffie, and Catherine Pattillo
    The Common Monetary Area in Southern Africa: Shocks, Adjustment, and Policy ChallengesWang, Jian-Ye, Iyabo Maska, Kazuko Shirono, and Leighton Harris
    Estimation of a Behavioral Equilibrium Exchange Rate Model for GhanaIossifov, Plamen, and Elena Loukoianova
    Measuring the Effect of Foreign Aid on Growth and Poverty Reduction or the Pitfalls of Interaction VariablesPattillo, Catherine, J.J. Polak, and JoyDeep Roy
    Trade Reform in the CEMAC: Developments and OpportunitiesMartijn, Jan-Kees, and Charalambos Tsangarides
    An Oil and Gas ModelKrichene, Noureddine
    The Role of Domestic Debt Markets in Economic Growth: An Empirical Investigation for Low-Income Countries and Emerging MarketsAbbas, S.M. Ali, and Jakob Christensen
    Monetary Policy Transparency and Financial Market Forecasts in South AfricaArora, Vivek
    Old Curses, New Approaches? Fiscal Benchmarks for Oil-Producing Countries in Sub-Saharan AfricaOlters, Jan-Peter
    Lessons from High Inflation Episodes for Stabilizing the Economy in ZimbabweCoorey, Sharmini, Jens R. Clausen, Norbert Funke, Sònia Muñoz, and Bakar Ould-Abdallah
    Central Bank Quasi-Fiscal Losses and High Inflation in Zimbabwe: A NoteMuñoz, Sònia
    In Search of Equilibrium: Estimating Equilibrium Real Exchange Rates in Sub-Saharan African CountriesChudik, Alexander, and Joannes Mongardini
    Do South-South Trade Agreements Increase Trade? Commodity-Level Evidence from COMESAMayda, Anna Maria, and Chad Steinberg
    Impact of Remittances on Poverty and Financial Development in Sub-Saharan AfricaGupta, Sanjeev, Catherine Pattillo, and Smita Wagh
    Fixed Exchange Rates and the Autonomy of Monetary Policy: The Franc Zone CaseVeyrune, Romain
    Sources of Inflation in Sub-Saharan AfricaBarnichon, Régis, and Shanaka J. Peiris
    Assessing Competitiveness After Conflict: The Case of the Central African RepublicBakhache, Said, Mark Lewis, Kadima Kalonji, and Jean-Claude Nachega
    A VAR Analysis of Kenya’s Monetary Policy Transmission Mechanism: How Does the Central Bank’s REPO Rate Affect the Economy?Cheng, Kevin C.
    FEER for the CFA FrancAbdih, Yasser, and Charalambos Tsangarides
    Economic Growth and Total Factor Productivity in NigerNachega, Jean-Claude, and Thomson Fontaine
    Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy: Lessons from GabonLeigh, Daniel, and Jan-Peter Olters
    Oil and Growth in the Republic of CongoBhattacharya, Rina, and Dhaneshwar Ghura
    Management of Oil Wealth Under the Permanent Income Hypothesis: The Case of Saõ Tomé and PríncipeSegura, Alonso
    An Empirical Investigation of the Exchange Rate Pass-Through to Inflation in TanzaniaMwase, Nkunde
    Exchange Rate Misalignment: An Application of the Behavioral Equilibrium Exchange Rate (BEER) to BotswanaIimi, Atsushi
    Did Botswana Escape from the Resource Curse?Iimi, Atsushi
    Determinants of Emigrant Deposits in Cape VerdeKarpowicz, Izabela
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