- International Monetary Fund. African Dept.
- Published Date:
- October 2008
Acemoglu, DaronSimonJohnson, James A.Robinson,2001, “The Colonial Origins of Comparative Development: An Empirical Investigation,” American Economic Review, Vol. 91 (December), pp. 1369–1401.
Arbache, JorgeDelfinGo, JohnPage,2008, “Is Africa’s Economy at a Turning Point?” in Africa at a Turning Point? Growth, Aid, and External Shocks, ed. byDelfinGo and JohnPage (Washington: World Bank).
Berg, AndrewJonathanOstry, JerominZettelmeyer,2008, “What Makes Growth Sustained?” IMF Working Paper 08/59 (Washington: International Monetary Fund).
Bosworth, B.P.S.M.Collins,2003, “The Empirics of Growth: An Update,”Brookings Papers on Economic Activity: 2, Brookings Institution, pp. 113–79.
Bourguignon, FrançoisMarkSundberg,2006, “Constraints to Achieving the MDGs with Scaled-Up Aid,” DESA Working Paper No. 15 (New York: United Nations, Department of Economics and Social Affairs).
Carey, KevinSanjeevGupta, UlrichJacoby,2007, Sub-Saharan Africa: Forging New Trade Links with Asia (Washington: International Monetary Fund).
Chen, ShaohuaMartinRavallion,2007, “Absolute Poverty Measures for the Developing World, 1981–2004,” Policy Research Working Paper No. 4211 (Washington: World Bank).
Chen, Shaohua,2008, “The Developing World Is Poorer Than We Thought, But No Less Successful in the Fight Against Poverty,” Policy Research Working Paper No. 4703 (Washington: World Bank).
Clément, J.A.S.Peiris,2008, Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique (Washington: International Monetary Fund).
Collier, Paul1999, “On the Economic Consequences of Civil War,” Oxford Economic Papers, Vol. 51 (January), pp. 168–83.
Collier, Paul,2007, The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It (Oxford: Oxford University Press).
Collier, Paul,BenediktGoderis,2007, “Commodity Prices, Growth, and the Natural Resource Curse: Reconciling a Conundrum,” CSAE Working Paper No. 2007-15 (Oxford: Center for the Study of African Economies, University of Oxford).
Commission on Growth and Development,2008, The Growth Report: Strategies for Sustained Growth and Inclusive Development (Washington: World Bank).
Deaton, Angus1999, “Commodity Prices and Growth in Africa,” Journal of Economic Perspectives, Vol. 13 (Summer), pp. 23–40.
Dollar, DavidAartKraay,2002, “Growth Is Good for the Poor,”Journal of Economic Growth, Vol. 7 (September), pp. 195–225.
Easterly, WilliamJozefRitzan, MichaelWoolcock,2006, “Social Cohesion, Institutions, and Growth,” Working Paper No. 94 (Washington: Center for Global Development).
Gelb, Alan2007, “African Renaissance: Is It Sustainable?” (unpublished; Washington: DECVP, World Bank).
Hausmann, RicardoLantPritchett, DaniRodrik,2004, “Growth Accelerations,” NBER Working Paper No. 10566 (Cambridge,Massachusetts: National Bureau of Economic Research).
Hausmann, RicardoDaniRodrik, AndrésVelasco,2005, “Growth Diagnostics” (unpublished; Cambridge,Massachusetts: John F. Kennedy School of Government, Harvard University).
International Monetary Fund,2003, World Economic Outlook, World Economic and Financial Surveys (Washington, April).
International Monetary Fund,2008, “Structural Reforms and Economic Performance in Advanced and Developing Countries” (Washington, June 10).
Ivanic, MarosWillMartin,2008, “Implications of Higher Global Food Prices for Poverty in Low-Income Countries,” Policy Research Working Paper No. 4594 (Washington: World Bank).
Johnson, SimonJonathan D.Ostry, ArvindSubramanian,2007, “The Prospects for Sustained Growth in Africa: Benchmarking the Constraints,” IMF Working Paper 07/52 (Washington: International Monetary Fund).
Jones, S.2008, “Sustaining Growth in the Long Term,”in Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique, ed. byJ.A.Clément and S.Peiris (Washington: International Monetary Fund), pp. 82–125.
Kraay, AartClaudioRaddatz,2007, “Poverty Traps, Aid, and Growth,” Journal of Development Economics, Vol. 82 (March), pp. 315–47.
Masson, PaulCatherinePattillo,2004, The Monetary Geography of Africa (Washington: Brookings Institution Press).
Mengistae, TayeCatherinePattillo,2004, “Export Orientation and Productivity in Sub-Saharan Africa,” IMF Working Paper 02/89 (Washington: International Monetary Fund).
Ndulu, Benno, L.Chakraborti, L.Lijane, V.Ramachandran,J.Wolgin,2007, Challenges of African Growth, Opportunities, Constraints, and Strategic Directions (Washington: World Bank).
Ndulu, BennoStephenO’Connell,2007, “Policy Plus: African Growth Performance, 1960–2000,”in The Political Economy of Economic Growth in Africa, 1960–2000, ed. byBennoNdulu, StephenO’Connell, RobertBates, PaulCollier, ChukwumaSoludo, Jean-PaulAzam, AugustinFosu, Jan WillemGunning, and DominiqueNjinkeu (Cambridge, United Kingdom: Cambridge University Press).
Ndulu, Benno, RobertBates, PaulCollier, ChukwumaSoludo, Jean-PaulAzam,AugustinFosu, JanWillem Gunning, DominiqueNjinkeu,2007, The Political Economy of Economic Growth in Africa, 1960–2000 (Cambridge, United Kingdom: Cambridge University Press).
North, Douglass C.1990, Institutions, Institutional Change and Economic Performance (Cambridge, United Kingdom: Cambridge University Press).
Pattillo, CatherineSanjeevGupta, KevinCarey,2006, Sustaining and Accelerating Pro-Poor Growth in Africa (Washington: International Monetary Fund).
Ravallion, Martin1997, “Can High-Inequality Developing Countries Escape Absolute Poverty?” Economic Letters, Vol. 56 (September), pp. 51–57.
Rodrik, Dani1999, “Where Did All the Growth Go? External Shocks, Social Conflict, and Growth Collapses,” Journal of Economic Growth, Vol. 4 (December), pp. 385–412.
Rodrik, Dani,2007, “The Real Exchange Rate and Economic Growth: Theory and Evidence” (Cambridge, Massachusetts: John F. Kennedy School of Government, Harvard University). Available via the Internet: http://www.cid.harvard.edu/neudc07/docs/neudc07_s1_p04_rodrik.pdf
Rogoff, Kenneth S.H. AasimHusain,AshokaMody, RobinBrooks, NienkeOomes,2004, Evolution and Performance of Exchange Rate Regimes, IMF Occasional Paper No. 229 (Washington: International Monetary Fund).
Roodman, David2006, “An Index of Donor Performance,” Working Paper No. 67 (Washington: Center for Global Development).
Sachs, JeffreyW. JohnMcArthur,GuidoSchmidt-Traub,MargaretKruk, ChandrikaBahadur, MichaelFaye, GordonMcCord,2004, “Ending Africa’s Poverty Trap,”Brookings Papers on Economic Activity: 1, Brookings Institution, pp. 117–240.
Wacziarg, RomainKarenHorn Welch,2008, “Trade Liberalization and Growth: New Evidence,” World Bank Economic Review, Vol. 22, No. 2, pp. 187–231.
Wodon, Quentin T.2008, “The Food Price Crisis in Africa: Impact on Poverty and Policy Responses” (unpublished;Washington: World Bank).
World Bank and International Monetary Fund,2005, Global Monitoring Report 2005: Millennium Development Goals: From Consensus to Momentum (Washington).
World Bank and International Monetary Fund,2007, Global Monitoring Report 2007: Confronting the Challenges of Gender Equality and Fragile States (Washington).
World Bank and International Monetary Fund,2008, Global Monitoring Report 2008: MDGs for the Environment—Agenda for Inclusive and Sustainable Development (Washington).
Publications of the IMF African Department, 2004-08
|BOOKS AND MONOGRAPHS|
|The CFA Franc Zone: Common Currency, Uncommon Challenges||Gulde, Anne-Marie, and Charalambos Tsangarides, eds.|
|Post-Stabilization Economics in Sub-Saharan Africa: lessons from Mozambique||Clément, Jean A.P., and Shanaka J. Peiris, eds.|
|Sub-Saharan Africa: Forging New links with Asia||Carey, Kevin, Sanjeev Gupta, and Ulrich Jacoby|
|Sub-Saharan Africa: Financial Sector Challenges||Gulde, Anne-Marie, Catherine Pattillo, Jakob Christensen, Kevin Carey, and SmitaWagh|
|Macroeconomic Challenges of Scaling Up Aid to Africa||Gupta, Sanjeev, Robert Powell, and Yongzheng Yang|
|Sustaining and Accelerating Pro-Poor Growth in Africa||Pattillo, Catherine, Sanjeev Gupta, and Kevin Carey|
|Regional Trade Arrangements in Africa||Yang, Yongzheng, and Sanjeev Gupta|
|Post-Apartheid South Africa: The First Ten Years||Nowak, Michael, and Luca Ricci, eds.|
|”The ICT Sector and the Global Economy: Counting the Gains” in The Global Information Technology Report 2004/05||Haacker, Markus|
|lifting the Oil Curse: Improving Petroleum Revenue Management in Sub-Saharan Africa||Bartxch, Ulrich, Milan Cuc, Menachem Katz, and Harinder Malothra|
|The Macroeconomics of HIV/AIDS||Haacker, Markus|
|Mauritius: Challenges to Sustained Growth||Sacerdoti, Emilio, Gamal El Masry, Padamia Khandelwal, and Yudong Yao|
|Postconflict Economics in Sub-Saharan Africa: Lessons from the Democratic Republic of the Congo||Clément, Jean A.P.|
|Beyond Macroeconomic Stability: The Quest for Industrialization in Uganda||Selassie, Abebe Aemro|
|Mauritius: A Competitiveness Assessment||Imam, Patrick A., and Camelia Minoiu|
|Africa’s Oil Abundance and External Competitiveness: Do Institutions Matter?||Qureshi, Mahvash Saeed|
|Modeling Macro-Critical Energy Sectors in Low-Income Countries: A General Framework and an Application to Cote d’Ivoire||Fabig, Holger|
|A Model of Sovereign Debt in Democracies||Alichi, Ali|
|Foreign Reserve Adequacy in Sub-Saharan Africa||Drummond, Paulo, and Anubha Dhasmana|
|Tanzania’s Equilibrium Real Exchange Rate||Hobdari, Niko|
|Crude Oil Prices: Trends and Forecast||Krichene, Noureddine|
|Recent Inflationary Trends in World Commodities Markets||Krichene, Noureddine|
|Fiscal and Monetary Anchors for Price Stability: Evidence from Sub-Saharan Africa||Baldini, Alfredo, and Marcos Poplawski Ribeiro|
|Investment and Growth Dynamics: An Empirical Assessment Applied to Benin||Samaké, Issouf|
|The Choice of Monetary and Exchange Rate Arrangements for a Small, Open, Low-Income Economy: The Case of Sao Tomé and Príncipe||Wang, Jian-Ye, Márcio Valerio Ronci, Nisreen Farhan, Misa Takebe, and Amar Shanghavi|
|Calculating Sustainable Non-Mineral Balances as Benchmarks for Fiscal Policy: The Case of Botswana||Clausen, Jens R.|
|Do IMF Programs Improve Economic Governance?||Honda, Jiro|
|Welfare Gains of Aid Indexation in Small Open Economies||Dhasmana, Anubha|
|Exchange Rate Assessment in a Resource-Dependent Economy: The Case of Botswana||Deléchat, Corinne, and Matthew Gaertner|
|High and Volatile Treasury Yields in Tanzania: The Role of Strategic Bidding and Auction Microstructure||Abbas, S. M. Ali, and Yuri Vladimirovich Sobolev|
|Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana’s Reliance on Diamond Revenue||Basdevant, Olivier|
|Testing for Structural Breaks in Small Samples||Antoshin, Sergei, Andrew Berg, and Marcos Souto|
|Trade in the WAEMU: Developments and Reform Opportunities08/62||Weisfeld, 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 Jeromi Zettelmeyer|
|Big Government, High Debt, and Fiscal Adjustment in Small States||Medina Case, Stephanie, and Rui Ota|
|Terms of Trade Shocks and Economic Recovery||Funke, Norbert, Eleonora Granziera, and Patrick A. Iman|
|Where Did All the Aid Go? An Empirical Analysis of Absorption and Spending||Aiyar, Shekhar, and Umal Ruthbah|
|The Determinants of Stock Market Development in Emerging Economies||Yartey, Charles Amo|
|Modeling Inflation for Mali||Diouf, Mame Astour|
|An Estimated DSGE Model for Monetary Policy Analysis in Low-Income Countries||Peiris, Shanaka J., and Magnus Saxegaard|
|Optimal Taxation in the Forestry Sector in the Congo Basin: The Case of Gabon||Melhado, Oscar|
|Implications of Oil Inflows for Savings and Reserves Management in the CEMAC||Drummond, Paulo|
|Fiscal Reaction Functions in the CFA Zone: An Analytical Perspective||Adedeji, Olumuyiwa, and Oral Williams|
|Inter-Sectoral Linkages and Local Content in Extractive Industries and Beyond—The Case of Sao Tomé and Príncipe||Kleuh, Ulrich, Gonzalo Pastor, Alonso Segura, and Walter Zarate|
|Competitiveness in the CFA Franc Zone||Ramirez, 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 Challenges||Yartey, Charles Amo, and Charles Komla Adjasi|
|Financial Deepening in Sub-Saharan Africa: Empirical Evidence on the Role of Creditor Rights||McDonald, Calvin, and Liliana Schumacher|
|Estimation of Equilibrium Exchange Rates in the WAEMU: A Robustness Approach||Roudet, Stephane, Magnus Saxegaard, and Charalambos Tsangarides|
|Monetary Policy Rules for Managing Aid Surges in Africa||Adam, Christopher, Stephen O’Connell, Edward Buffie, and Catherine Pattillo|
|The Common Monetary Area in Southern Africa: Shocks, Adjustment, and Policy Challenges||Wang, Jian-Ye, Iyabo Maska, Kazuko Shirono, and Leighton Harris|
|Estimation of a Behavioral Equilibrium Exchange Rate Model for Ghana||Iossifov, Plamen, and Elena Loukoianova|
|Measuring the Effect of Foreign Aid on Growth and Poverty Reduction, or the Pitfalls of Interaction Variables||Pattillo, Catherine, J.J. Polak, and JoyDeepRoy|
|Trade Reform in the CEMAC: Developments and Opportunities||Martijn, Jan-Kees, and Charalambos Tsangarides|
|An Oil and Gas Model||Krichene, Noureddine|
|The Role of Domestic Debt Markets in Economic Growth: An Empirical Investigation for Low-Income Countries and Emerging Markets||Abbas, S.M. Ali, and Jakob Christensen|
|Monetary Policy Transparency and Financial Market Forecasts in South Africa||Arora, Vivek|
|Old Curses, New Approaches? Fiscal Benchmarks for Oil-Producing Countries in Sub-Saharan Africa||Olters, Jan-Peter|
|07/99||Coorey, Sharmini, Jens R. Clausen, Norbert|
|Lessons from High Inflation Episodes for Stabilizing the Economy in Zimbabwe||Funke, Sonia Muñoz, and Bakar Ould-Abdallah|
|Central Bank Quasi-Fiscal Losses and High Inflation in Zimbabwe: A Note||Muñoz, Sonia|
|In Search of Equilibrium: Estimating Equilibrium Real Exchange Rates in Sub-Saharan African Countries||Chudik, Alexander, and Joannes Mongardini|
|Do South-South Trade Agreements Increase Trade? Commodity-Level Evidence from COMESA||Mayda, Anna Maria, and Chad Steinberg|
|Impact of Remittances on Poverty and Financial Development in Sub-Saharan Africa||Gupta, Sanjeev, Catherine Pattillo, and Smita Wagh|
|Fixed Exchange Rates and the Autonomy of Monetary Policy: The Franc Zone Case||Veyrune, Romain|
|Sources of Inflation in Sub-Saharan Africa||Barnichon, Regis, and Shanaka J. Peiris|
|Assessing Competitiveness After Conflict: The Case of the Central African Republic||Bakhache, 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 Franc||Abdih, Yasser, and Charalambos Tsangarides|
|Economic Growth and Total Factor Productivity in Niger||Nachega, Jean-Claude, and Thomson|
|Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy: Lessons from Gabon||Leigh, Daniel, and Jan-Peter Olters|
|Oil and Growth in the Republic of Congo||Bhattacharya, Rina, and Dhaneshwar Ghura|
|Management of Oil Wealth Under the Permanent Income Hypothesis: The Case of Sao Tomé and Príncipe||Segura, Alonso|
|An Empirical Investigation of the Exchange Rate Pass-Through to Inflation in Tanzania||Mwase, Nkunde|
|Exchange Rate Misalignment: An Application of the Behavioral Equilibrium Exchange Rate (BEER) to Botswana||Iimi, Atsushi|
|Did Botswana Escape from the Resource Curse?||Iimi, Atsushi|
|Determinants of Emigrant Deposits in Cape Verde||Karpowicz, Izabela|
|Excess Liquidity and the Effectiveness of Monetary Policy: Evidence from Sub-Saharan Africa||Saxegaard, Magnus|
|Distributional Effects of Oil Price Changes on Household Expenditures: Evidence from Mali||Kpodar, Kangni|
|What Is Fuzzy About Clustering in West Africa?||Tsangarides, Charalambos G., and Mahvash Saeed Qureshi|
|Adopting Full Dollarization in Postconflict Economies: Would the Gains Compensate for the Losses in Liberia?||Honda, Jiro, and Liliana Schumacher|
|Stylized Facts on Bilateral Trade and Currency Unions: Implications for Africa||Tsangarides, Charalambos G., Pierre Ewenczyk, and Michael Hulej|
|Zimbabwe’s Export Performance: The Impact of the Parallel Market and Governance Factors||Muñoz, Sonia|
|Implications of Quasi-Fiscal Activities in Ghana||Chivakul, Mali, and Robert C. York|
|Suppressed Inflation and Money Demand in Zimbabwe||Muñoz, Sonia|
|Are Donor Countries Giving More or Less Aid?||Gupta, Sanjeev, Catherine Pattillo, and Smita Wagh|
|Bank Efficiency and Competition in Low-Income Countries: The Case of Uganda||Haunner, David, and Shanaka J. Peiris|
|Money Demand and Inflation in Madagascar||Nassar, Koffie|
|Fiscal Dominance and Inflation in the Democratic Republic of the Congo||Nachega, Jean-Claude|
|Sustaining Growth Accelerations and Pro-Poor Growth in Africa||Pattillo, Catherine, Sanjeev Gupta, and Kevin Carey|
|The Macroeconomic Challenges of Scaling Up Aid to Africa||Gupta, Sanjeev, Robert Powell, and Yongzheng Yang|
|How Useful Is Monetary Econometrics in Low-Income Countries? The Case of Money Demand and the Multipliers in Rwanda||Hauner, David, and Gabriel Di Bella|
|Subordinated Levy Processes and Applications to Crude Oil Options||Krichene, Noureddine|
|Inflation Targeting Lite in Small Open Economies: The Case of Mauritius||Porter, Nathan, and James Y. Yao|
|Forestry Taxation in Africa: The Case of Liberia||Schwidrowski, Arnim, and Saji Thomas|
|Ten Years After the CFA Franc Devaluation: Progress Toward Regional Integration in the WAEMU||van den Boogaerde, Pierre, and Charalambos Tsangarides|
|Trade Integration in the East African Community: An Assessment for Kenya||McIntyre, Meredith A.|
|05/58The Implications of South African Economic Growth for the Rest of Africa||Arora, Vivek B., and Athanasios Vamvakidis|
|The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa||Lopes, Paulo Silva|
|The Composition of Capital Flows—Is South Africa Different?||Ahmed, Faisal, Rabah Arezki, and Norbert Funke|
|Regional Trade Arrangements in Africa—Past Performance and the Way Forward||Yang, Yongzheng, and Sanjeev Gupta|
|Tanzania’s Growth Process and Success in Reducing Poverty||Treichel, Volker|
|A Simultaneous Equations Model for World Crude Oil and Natural Gas Markets||Krichene, Noureddine|
|Growth Empirics Under Model Uncertainty—Is Africa||Tsangarides, Charalambos|
|Competition and Efficiency in Banking—Behavioral Evidence from Ghana||Buchs, Thierry D., and Johan Mathisen|
|Currency Crises in Developed and Emerging Market Economies—A Comparative Empirical Treatment||Fontaine, Thomson|
|Local Financial Development and the Aid-Growth Relationship||Nkusu, Mwanza, and Selin Sayek|
|Inflation and Monetary Pass-Through in Guinea||Blavy, Rodolphe|
|Are There Negative Returns to Aid? A Comment||Nkusu, Mwanza|
|Growth and Convergence in WAEMU Countries||Wane, Abdoul Aziz|
|Deriving Market Expectations for the Euro-Dollar Exchange Rate from Option Prices||Krichene, Noureddine|
|Can Higher Reserves Help Reduce Exchange Rate Volatility?||Hviding, Cetil, Michael Nowak, and Luca Antonio Ricci|
|Sources of Growth in Sub-Saharan Africa||Tahari, Amor, Dhaneshwar Ghura, Bernardin Akitoby, and Emmanuel BrouAka|
|Microfinance in Africa—Experience and Lessons from Selected African Countries||Basu, Anupam, Rodolphe Blavy, and MuratYulek|
|Financing Uganda’s Poverty Reduction Strategy—Is Aid Causing More Pain Than Gain?||Nkusu, Mwanza|
|Dimensions of Land Inequality and Economic Development||Erickson, Lennart, and Dietrich Vollrath|
|Zimbabwe—A Quest for a Nominal Anchor||Kovanen, Arto|
|On Fixed and Variable Fiscal Surplus Rules||Basci, Erdem, Fatih M. Ekinci, and MuratYulek|
|Sources of Growth in the Democratic Republic of the Congo—A Cointegration Approach||Akitoby, Bernardin, and Matthias Cinyabuguma|
|Angola’s Fragile Stabilization||Gasha, Jose Giancarlo, and Gonzalo Pastor|
|Political Instability and Growth—The Central African Republic||Ghura, Dhaneshwar, and Benoit Mercereau|
|A Bayesian Approach to Model Uncertainty||Tsangarides, Charalambos|
|Aid and Dutch Disease in Low-Income Countries—Informed Diagnoses for Prudent Prognoses||Nkusu, Mwanza|
|Domestic Debt Markets in Sub-Saharan Africa||Christensen, Jakob|
|And Schumpeter Said, “This Is How Thou Shalt Grow”: The Further Quest for Economic Growth in Poor Countries||Beaugrand, Philippe|
|Fiscal Sustainability in Heavily Indebted Countries Dependent on Nonrenewable Resources—The Case of Gabon||Ntamatungiro, Joseph|
|How Much Do Trading Partners Matter for Economic Growth?||Arora, Vivek B., and Athanasios Vamvakidis|
|Rational Speculation, Financial Crises, and Optimal Policy Responses||Surti, Jay|
|Fiscal Sustainability—The Case of Eritrea||Yamauchi, Ayumu|