Back Matter

Back Matter

International Monetary Fund. African Dept.
Published Date:
April 2015
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    Publications du Département Afrique du FMI, 2009–15

    Livres et Monographies


    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 et Geneviève Verdier


    Oil Wealth in Central Africa: Policies for Inclusive Growth

    Coorey, Sharmini et Bernardin Akitoby


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

    Département Afrique


    Tanzania: The Story of an African Transition

    Nord, Roger, Yuri Sobolev, David Dunn, Alejandro Hajdenberg, Niko Hobdari, Samar Maziad et Stéphane Roudet

    Documents du Département Afrique


    Sustaining More Inclusive Growth in the Republic of Congo

    Hakura, Dalia, Adrian Alter, Matteo Ghilardi, Rodolfo Maino, Cameron McLoughlin et Maximilien Queyranne


    Mozambique Rising: Building a New Tomorrow

    Ross, Doris, Victor Duarte Lledo, Alex Segura-Ubiergo, Yuan Xiao, Iyabo Masha, Alun H. Thomas et Keiichiro Inui


    The Mystery of Missing Real Spillovers in Southern Africa: Some Facts and Possible Explanations

    Basdevant, Olivier, Andrew W Jonelis, Borislava Mircheva et Slavi T. Slavov


    Issuing International Sovereign Bonds: Opportunities and Challenges for Sub-Saharan Africa

    Mecagni, Mauro, Jorge Iván Canales Kriljenko, Cheikh A. Gueye, Yibin Mu, Masafumi Yabara et Sebastian Weber


    Managing Volatile Capital Flows: Experiences and Lessons for Sub-Saharan African Frontier Markets

    Gueye, Cheikh, Javier Arze del Granado, Rodrigo Garcia-Verdu, Mumtaz Hussain, B. Jang, Sebastian Weber et Juan S Corrales


    Mali: Achieving Strong and Inclusive Growth with Macroeconomic Stability

    Josz, Christian


    Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union

    Kolerus, Christina, Aleksandra Zdzienicka, Ermal Hitaj et Douglas J. Shapiro


    West African Economic and Monetary Union: Financial Depth and Macrostability

    Imam, Patrick A. et Christina Kolerus


    Senegal: Financial Depth and Macrostability

    Imam, Patrick A. et Christina Kolerus


    Senegal: Achieving High and Inclusive Growth While Preserving Fiscal Sustainability

    Kireyev, Alexei et Gaston K. Mpatswe


    Banking in Sub-Saharan Africa: The Macroeconomic Context

    Mlachila, Montfort, Seok Gil Park et Masafumi Yabara


    Energy Subsidy Reform in Sub-Saharan Africa: Experiences and Lessons

    Alleyne, Trevor et Mumtaz Hussain


    Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth

    Lundgren, Charlotte J., Alun H. Thomas et Robert C. York


    Restoring Sustainability in a Changing Global Environment: Options for Swaziland

    Basdevant, Olivier, Emily Forrest et Borislava Mircheva


    Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland

    Basdevant, Olivier, Chikako Baba et Borislava Mircheva


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

    Zhan, Zaijin


    South Africa: Macro Policy Mix and Its Effects on Growth and the Real Exchange Rate—Empirical Evidence and GIMF Simulations

    Canales-Kriljenko, Jorge Iván


    Measuring the Potential Output of South Africa

    Klein, Nir


    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 et Geneviève Verdier


    Zimbabwe: Challenges and Policy Options after Hyperinflation

    Kramarenko, Vitaliy, Lars H. Engstrom, Geneviève Verdier, Gilda Fernandez, Stefan E. Oppers, Richard Hughes, James McHugh et Warren L. Coats


    Expenditure Composition and Economic Developments in Benin

    Pani, Marco et Mohamed El Harrak


    Wage Policy and Fiscal Sustainability in Benin

    Lundgren, Charlotte J.


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

    Masha, Iyabo


    Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub-Saharan Africa

    Ben Ltaifa, Nabil, Stella Kaendera et Shiv Dixit


    Spillover Effects and the East African Community: Explaining the Slowdown and the Recovery

    Drummond, Paulo et Gustavo Ramirez


    Foreign Exchange Reserve Adequacy in East African Community Countries

    Drummond, Paulo, Aristide Mrema, Stéphane Roudet et Mika Saito

    Document de Politique Générale


    Pan-African Banks - Opportunities and Challenges for Cross-Border Oversight

    Rédigé par une équipe dirigée par Charles Enoch, Paul Mathieu et Mauro Mecagni.

    Notes de Réflexion Des Services du FMI


    Economic Diversification in LICs: Stylized Facts and Macroeconomic Implications

    Papageorgiou, Chris et Nicola Spatafora


    The International Financial Crisis and Global Recession: Impact on the CEMAC Region and Policy Considerations

    Wakeman-Linn, John, Rafael A. Portillo, Plamen Iossifov et Dimitre Milkov


    The Global Financial Crisis: Impact on WAEMU Member Countries and Policy Options

    Mueller, Johannes, Irene Yackovlev et Hans Weisfeld


    The Southern African Development Community’s Macroeconomic Convergence Program: Initial Performance

    Burgess, Robert


    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 et Irene Yackovlev

    Documents de Travail


    Remittances and Macroeconomic Volatility in African Countries

    Jidoud, Ahmat


    Harnessing Resource Wealth for Inclusive Growth in Fragile States

    Delechat, Corinne, Will Clark, Pranav Gupta, Malangu Kabedi-Mbuyi, Mesmin Koulet-Vickot, Carla Macario, Toomas Orav, Manuel Rosales, Renee Tapsoba, Dmitry Zhdankin et Susan Yang


    Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries

    Stepanyan, Ara, et Lamin Leigh


    Revisiting teh Concept of Dollarization: The Global Financial Crisis and Dollarization in Low-Income Countries

    Mwase, Nkunde, et Francis Y. Kumah


    Global Financial Transmission into Sub-Saharan Africa – A Global Vector Autoregression Analysis

    Canales Kriljenko, Jorge Iván, Mehdi Hosseinkouchack et Alexis Meyer-Cirkel


    Safe Debt and Uncertainty in Emerging Markets: An Application to South Africa

    Saxegaard, Magnus


    A Quality of Growth Index for Developing Countries: A Proposal

    Mlachila, Montfort, Rene Tapsoba et Sampawende J.-A. Tapsoba


    Introducing a Semi-Structural Macroeconomic Model for Rwanda

    Charry, Luisa, Pranav Gupta et Vimal Thakoor


    How Solid is Economic Growth in the East African Community?

    Gigineishvili, Nikoloz, Paolo Mauro et Ke Wang


    Islamic Finance in Sub-Saharan Africa: Status and Prospects

    Gelbard, Enrique, Mumtaz Hussain, Rodolfo Maino, Yibin Mu et Etienne B. Yehoue


    Africa Rising: Harnessing the Demographic Dividend

    Drummond, Paulo, Vimal Thakoor et Shu Yu


    Does Openness Matter for Financial Development in Africa?

    David, Antonio, Montfort Mlachila et Ashwin Moheeput


    Surging Investment and Declining Aid: Evaluating Debt Sustainability in Rwanda

    Clark, Will et Birgir Arnason


    Natural Gas, Public Investment and Debt Sustainability in Mozambique

    Melina, Giovanni et Yi Xiong


    Africa’s Rising Exposure to China: How Large Are Spillovers Through Trade?

    Drummond, Paulo et Estelle X. Liu


    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 et R. Armando Morales


    The Investment-Financing-Growth Nexus: The Case of Liberia

    Clark, Will et Manuel Rosales


    Making Monetary Policy More Effective: The Case of the Democratic Republic of the Congo

    Fischer, Felix, Charlotte J. Lundgren et Samir Jahjah


    Fiscal Discipline in WAEMU: Rules, Institutions, and Markets

    Hitaj, Ermal et Yasin Kursat Onder


    Inclusive Growth and Inequality in Senegal

    Kireyev, Alexei


    Africa’s Got Work to Do: Employment Prospects in the New Century

    Fox, Louise, Cleary Haines, Jorge Huerta Muñoz et Alun Thomas


    Resource Dependence and Fiscal Effort in Sub-Saharan Africa

    Thomas, Alun et Juan P. Treviño


    Benchmarking Structural Transformation Across the World

    Dabla-Norris, Era, Alun H. Thomas, Rodrigo Garcia-Verdu et Yingyuan Chen


    Tax Administration Reform in the Francophone Countries of Sub-Saharan Africa

    Fossat, Patrick et Michel Bua


    Financial Depth in the WAEMU: Benchmarking Against Frontier SSA Countries

    Ahokpossi, Calixte, Kareem Ismail, Sudipto Karmakar et Mesmin Koulet-Vickot


    Investing Volatile Oil Revenues in Capital-Scarce Economies: An Application to Angola

    Richmond, Christine, Irene Yackovlev et Shu-Chun Yang


    Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries: The Case of Cameroon

    Samaké, Issouf, Priscilla Muthoora et Bruno Versailles


    Inclusive Growth: An Application of the Social Opportunity Function to Selected African Countries

    Adedeji, Olumuyiwa, Huancheng Du et Maxwell Opoku-Afari


    Inclusive Growth and the Incidence of Fiscal Policy in Mauritius — Much Progress, But More Could be Done

    David, Antonio et Martin Petri


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

    Mlachila, Montfort et Marcelo Martinez


    Benchmarking Banking Sector Efficiency Across Regional Blocks in Sub-Saharan Africa: What Room for Policy?

    Boutin-Dufresne, Francois, Santiago Peña, Oral Williams et Tomasz A. Zawisza


    Monetary Transmission Mechanism in the East African Community: An Empirical Investigation

    Davoodi, Hamid, Shiv Dixit et Gabor Pinter


    Determinants of Bank Interest Margins in Sub-Saharan Africa

    Ahokpossi, Calixte


    Exchange Rate Liberalization in Selected Sub-Saharan African Countries: Successes, Failures, and Lessons

    Mæhle, Nils, Haimanot Teferra et Armine Khachatryan


    Inward and Outward Spillovers in the SACU Area

    Canales-Kriljenko, Jorge Iván, Farayi Gwenhamo et Saji Thomas


    Bond Markets in Africa

    Mu, Yibin, Peter Phelps et Janet Stotsky


    Inequalities and Growth in the Southern African Customs Union (SACU) Region

    Basdevant, Olivier, Dalmacio Benicio et Yorbol Yakhshilikov


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

    Mu, Yibin


    The East African Community: Prospects for Sustained Growth

    McAuliffe, Catherine, Sweta Saxena et Masafumi Yabara


    Financing Growth in the WAEMU through the Regional Securities Market: Past Successes and Current Challenges

    Diouf, Mame Astou et Francois Boutin-Dufresne


    Exchange Rate and Foreign Interest Rate Linkages for Sub-Saharan Africa Floaters

    Thomas, Alun


    A Financial Conditions Index for South Africa

    Gumata, Nombulelo, Nir Klein et Eliphas Ndou


    Estimating the Implicit Inflation Target of the South African Reserve Bank

    Klein, Nir


    Monetization in Low- and Middle-Income Countries

    McLoughlin, Cameron et Noriaki Kinoshita


    The Relationship between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa

    Stotsky, Janet Gale, Olumuyiwa Adedeji, Manuk Ghazanchyan et Nils O. Maehle


    Exchange Rate Pass-Through in Sub-Saharan African Economies and its Determinants

    Razafimahefa, Ivohasina Fizara


    Welfare Effects of Monetary Integration: The Common Monetary Area and Beyond

    Asonuma, Tamon, Xavier Debrun et Paul R. Masson


    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 et Luis-Felipe Zanna


    Tracking Short-Term Dynamics of Economic Activity in Low-Income Countries in the Absence of High-Frequency GDP Data

    Opoku-Afari, Maxwell et Shiv Dixit


    Mobilizing Revenue in Sub-Saharan Africa: Empirical Norms and Key Determinants

    Drummond, Paulo, Wendell Daal, Nandini Srivastava et Luiz E. Oliveira


    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 et Rafael Portillo


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

    Basdevant, Olivier


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

    Klein, Nir


    Exchange Rate Volatility Under Peg: Do Trade Patterns Matter?

    Lonkeng Ngouana, Constant


    Assessing Bank Competition within the East African Community

    Sanya, Sarah et Matthew Gaertner


    Prudential Liquidity Regulation in Developing Countries: A Case Study of Rwanda

    Sanya, Sarah, Wayne Mitchell et Angelique Kantengwa


    Capital Market Integration: Progress Ahead of the East African Community Monetary Union

    Yabara, Masafumi


    International Reserves in Low-Income Countries: Have They Served as Buffers?

    Cripolti, Valerio et George Tsibouris


    Inflation Differentials in the GCC: Does the Oil Cycle Matter?

    Mohaddes, Kamiar et Oral Williams


    Effectiveness of Capital Controls in Selected Emerging Markets in the 2000s

    Baba, Chikako et Annamaria Kokenyne


    How Costly Are Debt Crises?

    Furceri, Davide et Aleksandra Zdzienicka


    Monetary Policy Transmission in Ghana: Does the Interest Rate Channel Work?

    Kovanen, Arto


    Does Money Matter for Inflation in Ghana?

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