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Back Matter

International Monetary Fund. African Dept.
Published Date:
April 2015
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    Andre, M., P.Blagrave, P.Espaillat, K.Honjo, B.Hunt, M.Kortelainen, R.Lalonde, D.Laxton, E.Mavroeidi, D.Muir, S.Mursula, and S.Snudden.2015. “The Flexible System of Global Models—FSGM.” IMF Working Paper 15/64, International Monetary Fund, Washington.

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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

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