Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
October 2014
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References

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Publications of the IMF African Department, 2009–14

Books and Monographs

2013

  • Building a Common Future in Southern Africa
  • Mongardini, Joannes, Tamon Asonuma, Olivier Basdevant, Alfredo Cuevas, Xavier Debrun, Lars Holger Engstrom, Imelda M. Flores Vazquez, Vitaliy Kramarenko, Lamin Leigh, Paul R. Masson, and Geneviève Verdier

2012

  • Oil Wealth in Central Africa: Policies for Inclusive Growth
  • Coorey, Sharmini, and Bernardin Akitoby

2009

  • The Impact of the Global Financial Crisis on Sub-Saharan Africa
  • African Department

2009

  • Tanzania: The Story of an African Transition
  • Nord, Roger, Yuri Sobolev, David Dunn, Alejandro Hajdenberg, Niko Hobdari, Samar Maziad, and Stéphane Roudet

Departmental Papers

14/4

  • Mozambique Rising: Building a New Tomorrow
  • Doris C. Ross, Victor Duarte Lledo, Alex Segura-Ubiergo, Yuan Xiao, Iyabo Masha, Alun H. Thomas, and Keiichiro Inui

14/3

  • The Mystery of Missing Real Spillovers in Southern Africa: Some Facts and Possible Explanations
  • Olivier Basdevant, Andrew W Jonelis, Borislava Mircheva, and Slavi T. Slavov

14/2

  • Issuing International Sovereign Bonds: Opportunities and Challenges for Sub-Saharan Africa
  • Mauro Mecagni, Jorge Iván Canales Kriljenko, Cheikh A. Gueye, Yibin Mu, Masafumi Yabara, and Sebastian Weber

14/1

  • Managing Volatile Capital Flows: Experiences and Lessons for Sub-Saharan African Frontier Markets
  • Cheikh A. Gueye, Javier Arze del Granado, Rodrigo Garcia-Verdu, Mumtaz Hussain, B. Jang, Sebastian Weber, and Juan S Corrales

13/8

  • Mali: Achieving Strong and Inclusive Growth with Macroeconomic Stability
  • Christian Josz

13/7

  • Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union
  • Kolerus, Christina, Aleksandra Zdzienicka, Ermal Hitaj, and Douglas J. Shapiro

13/6

  • West African Economic and Monetary Union: Financial Depth and Macrostability
  • Imam, Patrick A., and Christina Kolerus

13/5

  • Senegal: Financial Depth and Macrostability
  • Imam, Patrick A., and Christina Kolerus

13/4

  • Senegal: Achieving High and Inclusive Growth While Preserving Fiscal Sustainability
  • Kireyev, Alexei, and Gaston K. Mpatswe

13/3

  • Banking in Sub-Saharan Africa: The Macroeconomic Context
  • Mlachila, Montfort, Seok Gil Park, and Masafumi Yabara

13/2

  • Energy Subsidy Reform in Sub-Saharan Africa: Experiences and Lessons
  • Alleyne, Trevor, Mumtaz Hussain

13/2

  • Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth
  • Lundgren, Charlotte J., Alun H. Thomas, and Robert C. York

13/1

  • Restoring Sustainability in a Changing Global Environment: Options for Swaziland
  • Basdevant, Olivier, Emily Forrest, and Borislava Mircheva

11/07

  • Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland
  • Basdevant, Olivier, Chikako Baba, and Borislava Mircheva

11/06

  • What Do Fast Job Creators Look Like? Some Stylized Facts and Perspectives on South Africa
  • Zhan, Zaijin

11/04

  • South Africa: Macro Policy Mix and Its Effects on Growth and the Real Exchange Rate—Empirical Evidence and GIMF Simulations
  • Canales-Kriljenko, Jorge Iván

11/02

  • Measuring the Potential Output of South Africa
  • Klein, Nir

11/01

  • In the Wake of the Global Economic Crisis: Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland
  • Mongardini, Joannes, Dalmacio Benicio, Thomson Fontaine, Gonzalo C. Pastor, and Geneviève Verdier

10/03

  • Zimbabwe: Challenges and Policy Options after Hyperinflation
  • Kramarenko, Vitaliy, Lars H. Engstrom, Geneviève Verdier, Gilda Fernandez, Stefan E. Oppers, Richard Hughes, James McHugh, and Warren L. Coats

10/02

  • Expenditure Composition and Economic Developments in Benin
  • Pani, Marco, and Mohamed El Harrak

10/01

  • Wage Policy and Fiscal Sustainability in Benin
  • Lundgren, Charlotte J.

09/04

  • The Global Financial Crisis and Adjustments to Shocks in Kenya, Tanzania, and Uganda: A Balance Sheet Analysis Perspective
  • Masha, Iyabo

09/03

  • Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub-Saharan Africa
  • Ben Ltaifa, Nabil, Stella Kaendera, and Shiv Dixit

09/02

  • Spillover Effects and the East African Community: Explaining the Slowdown and the Recovery
  • Drummond, Paulo, and Gustavo Ramirez

09/01

  • Foreign Exchange Reserve Adequacy in East African Community Countries
  • Drummond, Paulo, Aristide Mrema, Stéphane Roudet, and Mika Saito

Staff Discussion Notes

12/13

  • Economic Diversification in LICs: Stylized Facts and Macroeconomic Implications
  • Papageorgiou, Chris, and Nicola Spatafora

09/20

  • The International Financial Crisis and Global Recession: Impact on the CEMAC Region and Policy Considerations
  • Wakeman-Linn, John, Rafael A. Portillo, Plamen Iossifov, and Dimitre Milkov

09/16

  • The Global Financial Crisis: Impact on WAEMU Member Countries and Policy Options
  • Mueller, Johannes, Irene Yackovlev, and Hans Weisfeld

09/14

  • The Southern African Development Community’s Macroeconomic Convergence Program: Initial Performance
  • Burgess, Robert

09/10

  • Fiscal Policy in Sub-Saharan Africa in Response to the Impact of the Global Crisis
  • Berg, Andrew, Norbert Funke, Alejandro Hajdenberg, Victor Duarte Lledo, Rolando Ossowski, Martin Schindler, Antonio Spilimbergo, Shamsuddin Tareq, and Irene Yackovlev

Working Papers

14/172

  • A Quality of Growth Index for Developing Countries: A Proposal
  • Mlachila, Montfort, Rene Tapsoba, and Sampawende J.-A. Tapsoba

14/159

  • Introducing a Semi-Structural Macroeconomic Model for Rwanda
  • Charry, Luisa, Pranav Gupta, and Vimal Thakoor

14/150

  • How Solid is Economic Growth in the East African Community?
  • Gigineishvili, Nikoloz, Paolo Mauro, and Ke Wang

14/149

  • Islamic Finance in Sub-Saharan Africa: Status and Prospects
  • Gelbard, Enrique, Mumtaz Hussain, Rodolfo Maino, Yibin Mu, and Etienne B. Yehoue

14/143

  • Africa Rising: Harnessing the Demographic Dividend
  • Drummond, Paulo, Vimal Thakoor, and Shu Yu

14/94

  • Does Openness Matter for Financial Development in Africa?
  • David, Antonio, Montfort Mlachila, and Ashwin Moheeput

14/51

  • Surging Investment and Declining Aid: Evaluating Debt Sustainability in Rwanda
  • Clark, Will, and Birgir Arnason

13/261

  • Natural Gas, Public Investment and Debt Sustainability in Mozambique
  • Melina, Giovanni, and Yi Xiong

13/250

  • Africa’s Rising Exposure to China: How Large Are Spillovers Through Trade?
  • Drummond, Paulo, and Estelle X. Liu

13/239

  • Money Targeting in a Modern Forecasting and Policy Analysis System: an Application to Kenya
  • Andrle, Michal, Andrew Berg, Enrico Berkes, Rafael A Portillo, Jan Vlcek, and R. Armando Morales

13/237

  • The Investment-Financing-Growth Nexus: The Case of Liberia
  • Clark, Will, and Manuel Rosales

13/226

  • Making Monetary Policy More Effective: The Case of the Democratic Republic of the Congo
  • Fischer, Felix, Charlotte J. Lundgren, and Samir Jahjah

13/216

  • Fiscal Discipline in WAEMU: Rules, Institutions, and Markets
  • Hitaj, Ermal, and Yasin Kursat Onder

13/215

  • Inclusive Growth and Inequality in Senegal
  • Kireyev, Alexei

13/239

  • Money Targeting in a Modern Forecasting and Policy Analysis System: An Application to Kenya
  • Michal Andrle, Andrew Berg, Enrico Berkes, Rafael A. Portillo, Jan Vlcek, and R. Armando Morales

13/201

  • Africa’s Got Work to Do: Employment Prospects in the New Century
  • Fox, Louise, Cleary Haines, Jorge Huerta Muñoz, and Alun Thomas

13/188

  • Resource Dependence and Fiscal Effort in Sub-Saharan Africa
  • Thomas, Alun, and Juan P. Treviño

13/176

  • Benchmarking Structural Transformation Across the World
  • Dabla-Norris, Era, Alun H. Thomas, Rodrigo Garcia-Verdu, and Yingyuan Chen

13/173

  • Tax Administration Reform in the Francophone Countries of Sub-Saharan Africa
  • Fossat, Patrick, and Michel Bua

13/161

  • Financial Depth in the WAEMU: Benchmarking Against Frontier SSA Countries
  • Ahokpossi, Calixte, Kareem Ismail, Sudipto Karmakar, and Mesmin Koulet-Vickot

13/147

  • Investing Volatile Oil Revenues in Capital-Scarce Economies: An Application to Angola
  • Richmond, Christine, Irene Yackovlev, and Shu-Chun Yang

13/144

  • Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries: The Case of Cameroon
  • Samaké, Issouf, Priscilla Muthoora, and Bruno Versailles

13/139

  • Inclusive Growth: An Application of the Social Opportunity Function to Selected African Countries
  • Adedeji, Olumuyiwa, Huancheng Du, and Maxwell Opoku-Afari

13/116

  • Inclusive Growth and the Incidence of Fiscal Policy in Mauritius — Much Progress, But More Could be Done
  • David, Antonio, and Martin Petri

13/53

  • The Quality of the Recent High-Growth Episode in Sub-Saharan Africa
  • Mlachila, Montfort, and Marcelo Martinez

13/51

  • Benchmarking Banking Sector Efficiency Across Regional Blocks in Sub-Saharan Africa: What Room for Policy?
  • Boutin-Dufresne, Francois, Santiago Peña, Oral Williams, and Tomasz A. Zawisza

13/39

  • Monetary Transmission Mechanism in the East African Community: An Empirical Investigation
  • Davoodi, Hamid, Shiv Dixit, and Gabor Pinter

13/34

  • Determinants of Bank Interest Margins in Sub-Saharan Africa
  • Ahokpossi, Calixte

13/32

  • Exchange Rate Liberalization in Selected Sub-Saharan African Countries: Successes, Failures, and Lessons
  • Mæhle, Nils, Haimanot Teferra, and Armine Khachatryan

13/31

  • Inward and Outward Spillovers in the SACU Area
  • Canales-Kriljenko, Jorge Iván, Farayi Gwenhamo, and Saji Thomas

13/12

  • Bond Markets in Africa
  • Mu, Yibin, Peter Phelps, and Janet Stotsky

12/290

  • Inequalities and Growth in the Southern African Customs Union (SACU) Region
  • Basdevant, Olivier, Dalmacio Benicio, and Yorbol Yakhshilikov

12/280

  • Striking an Appropriate Balance Among Public Investment, Growth, and Debt Sustainability in Cape Verde
  • Mu, Yibin

12/272

  • The East African Community: Prospects for Sustained Growth
  • McAuliffe, Catherine, Sweta Saxena, and Masafumi Yabara

12/249

  • Financing Growth in the WAEMU through the Regional Securities Market: Past Successes and Current Challenges
  • Diouf, Mame Astou, and Francois Boutin-Dufresne

12/208

  • Exchange Rate and Foreign Interest Rate Linkages for Sub-Saharan Africa Floaters
  • Thomas, Alun

12/196

  • A Financial Conditions Index for South Africa
  • Gumata, Nombulelo, Nir Klein, and Eliphas Ndou

12/177

  • Estimating the Implicit Inflation Target of the South African Reserve Bank
  • Klein, Nir

12/160

  • Monetization in Low- and Middle-Income Countries
  • McLoughlin, Cameron, and Noriaki Kinoshita

12/148

  • The Relationship between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa
  • Stotsky, Janet Gale, Manuk Ghazanchyan, Olumuyiwa Adedeji, and Nils O. Maehle

12/141

  • Exchange Rate Pass-Through in Sub-Saharan African Economies and its Determinants
  • Razafimahefa, Ivohasina Fizara

12/136

  • Welfare Effects of Monetary Integration: The Common Monetary Area and Beyond
  • Asonuma, Tamon, Xavier Debrun, and Paul R. Masson

12/127

  • As You Sow So Shall You Reap: Public Investment Surges, Growth, and Debt Sustainability in Togo
  • Andrle, Michal, Antonio David, Raphael A. Espinoza, Marshall Mills, and Luis-Felipe Zanna

12/119

  • Tracking Short-Term Dynamics of Economic Activity in Low-Income Countries in the Absence of High-Frequency GDP Data
  • Opoku-Afari, Maxwell, and Shiv Dixit

12/108

  • Mobilizing Revenue in Sub-Saharan Africa: Empirical Norms and Key Determinants
  • Drummond, Paulo, Wendell Daal, Nandini Srivastava, and Luiz E. Oliveira

12/94

  • Monetary Policy in Low-Income Countries in the Face of the Global Crisis: The Case of Zambia
  • Baldini, Alfredo, Jaromir Benes, Andrew Berg, Mai Dao, and Rafael Portillo

12/93

  • Fiscal Policies and Rules in the Face of Revenue Volatility Within Southern Africa Customs Union Countries (SACU)
  • Basdevant, Olivier

12/92

  • Real Wage, Labor Productivity, and Employment Trends in South Africa: A Closer Look
  • Klein, Nir

12/73

  • Exchange Rate Volatility Under Peg: Do Trade Patterns Matter?
  • Lonkeng Ngouana, Constant

12/32

  • Assessing Bank Competition within the East African Community
  • Sanya, Sarah, and Matthew Gaertner

12/20

  • Prudential Liquidity Regulation in Developing Countries: A Case Study of Rwanda
  • Sanya, Sarah, Wayne Mitchell, and Angelique Kantengwa

12/18

  • Capital Market Integration: Progress Ahead of the East African Community Monetary Union
  • Yabara, Masafumi

12/7

  • International Reserves in Low-Income Countries: Have They Served as Buffers?
  • Cripolti, Valerio, and George Tsibouris

11/294

  • Inflation Differentials in the GCC: Does the Oil Cycle Matter?
  • Mohaddes, Kamiar, and Oral Williams

11/281

  • Effectiveness of Capital Controls in Selected Emerging Markets in the 2000s
  • Baba, Chikako, and Annamaria Kokenyne

11/280

  • How Costly Are Debt Crises?
  • Furceri, Davide, and Aleksandra Zdzienicka

11/275

  • Monetary Policy Transmission in Ghana: Does the Interest Rate Channel Work?
  • Kovanen, Arto

11/274

  • Does Money Matter for Inflation in Ghana?
  • Kovanen, Arto

11/273

  • On the Stability of Monetary Demand in Ghana: A Bounds Testing Approach
  • Dagher, Jihad, and Arto Kovanen

11/268

  • Oil-Price Boom and Real Exchange Rate Appreciation: Is There Dutch Disease in the CEMAC?
  • Treviño, Juan Pedro

11/266

  • The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and SwazilandBasdevant, Olivier, Dalmacio Benicio, Borislava Mircheva, Joannes Mongardini, Geneviève Verdier, Susan Yang, and Luis-Felipe Zanna

11/246

  • Do Remittances Reduce Aid Dependency?
  • Kpodar, Kangni, and Maelan Le Goff

11/233

  • Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries: How Do They Differ?
  • Tabova, Alexandra, and Carol L. Baker

11/232

  • Inflation Dynamics in the CEMAC Region
  • Caceres, Carlos, Marcos Poplawski-Ribeiro, and Darlena Tartari

11/207

  • External Sustainability of Oil-Producing Sub-Saharan African Countries
  • Takebe, Misa, and Robert C. York

11/205

  • The Cyclicality of Fiscal Policies in the CEMAC Region
  • Mpatswe, Gaston K., Sampawende J. Tapsoba, and Robert C. York

11/204

  • South Africa: The Cyclical Behavior of the Markups and Its Implications for Monetary Policy
  • Klein, Nir

11/202

  • Burkina Faso—Policies to Protect the Poor from the Impact of Food and Energy Price Increases
  • Arze del Granado, Javier, and Isabell Adenauer

11/198

  • De Jure versus De Facto Exchange Rate Regimes in Sub-Saharan Africa
  • Slavov, Slavi T.

11/196

  • Financial Deepening, Property Rights and Poverty: Evidence from Sub-Saharan Africa
  • Singh, Raju Jan, and Yifei Huang

11/178

  • FDI from BRICs to LICs: Emerging Growth Driver?
  • Mlachila, Montfort, and Misa Takebe

11/176

  • Determinants of Interest Rate Pass-Through: Do Macroeconomic Conditions and Financial Market Structure Matter?
  • Gigineishvili, Nikoloz

11/174

  • The Quest for Higher Growth in the WAEMU Region: The Role of Accelerations and Decelerations
  • Kinda, Tidiane, and Montfort Mlachila

11/172

  • Fiscal Policy Implementation in Sub-Saharan Africa
  • Lledo, Victor Duarte, and Marcos Poplawski Ribeiro

11/149

  • Post-Conflict Recovery: Institutions, Aid, or Luck?
  • David, Antonio, Fabiano Rodrigues Bastos, and Marshall Mills

11/104

  • Ghana: Will It Be Gifted, or Will It Be Cursed?
  • Aydin, Burcu

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