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Back Matter

International Monetary Fund
Published Date:
October 2015
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Publications du Département Afrique du FMI, 2009–15

Livres et monographies


  • The East African Community: Quest for Regional Integration
  • Drummond, Paulo, S.K. Wajid et Oral Williams


  • 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


  • 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


  • Toward a Monetary Union in the East African Community: Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms
  • Drummond, Paulo, Ari Aisen, C. Emre Alper, Ejona Fuli et Sebastien Walker


  • Building Resilience in Sub-Saharan Africa’s Fragile States
  • Gelbard, Enrique, Corinne Délechat, Ejona Fuly, Mumtaz Hussain, Ulrich Jacoby, Dafina Mulaj, Marco Pani, Gustavo Ramirez et Rui Xu


  • 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


  • Systemic Risk Assessment in Lo Income Countries: Balancing Financial Stability and Development
  • Marchettini, Daniela et Rodolfo Maino


  • On the Drivers of Inflation in Sub-Saharan Africa
  • Nguyen, Anh D. M., Jemma Dridi, D. Filiz Unsal et Oral Williams


  • Sub-Saharan Employment Developments: The Important Role of Household Enterprises with an Application to Rwanda
  • Alun H. Thomas


  • Household Financial Acces and Risk Sharing in Nigeria
  • Carlson, Stacey, Era Dabla-Norris, Mika Saito et Yu Shi


  • Network Effects of International Shocks and Spillovers
  • Kireyev, Alexei et Andrei Leonidov


  • Pension Reforms in Mauritius: Fair and Fast—Balancing Social Protection and Fiscal Sustainability
  • Soto, Mauricio, Vimal Thakoor et Martin Petri


  • How to Improve the Effectiveness of Monetary Policy in the West African Economic and Monetary Union
  • Kireyev, Alexei


  • Do Resource Windfalls Improve the Standard of Living in Sub-Saharan African Countries?: Evidence from a Panel of Countries
  • Munseob Lee et Cheikh A. Gueye


  • 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
  • Mœhle, 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?
  • Kovanen, Arto


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


  • Oil Spill(over)s: Linkages in Petroleum Product Pricing Policies in West African Countries
  • David, Antonio, Mohamed El Harrak, Marshall Mills et Lorraine Ocampos


  • Feeling the Elephant’s Weight: The Impact of Côte d’Ivoire’s Crisis on WAEMU Trade
  • Egoumé-Bossogo, Philippe et Ankouvi Nayo


  • ICT, Financial Inclusion, and Growth Evidence from African Countries
  • Andrianaivo, Mihasonirina et Kangni Kpodar


  • Fiscal Sustainability and the Fiscal Reaction Function for South Africa
  • Burger, Philippe, Alfredo Cuevas, Ian Stuart et Charl Jooste


  • Reviving the Competitive Storage Model: A Holistic Approach to Food Commodity Prices
  • Miao, Yanliang, Weifeng Wu et Norbert Funke


  • Inflation Uncertainty and Relative Price Variability in
  • Fernandez Valdovinos, Carlos et Kerstin Gerling


  • Modeling Inflation in Chad
  • Kinda, Tidiane


  • Fiscal Expectations under the Stability and Growth Pact: Evidence from Survey Data
  • Poplawski-Ribeiro, Marcos et Jan-Christoph Rulke


  • Growth in Africa under Peace and Market Reforms
  • Korbut, Olessia, Gonzalo Salinas et Cheikh A. Gueye


  • Feeling the Elephant’s Weight: The Impact of Côte d’Ivoire’s Crisis on WAEMU Trade
  • Egoumé-Bossogo, Philippe et Nayo Ankouvi


  • Capital Flows, Exchange Rate Flexibility, and the Real Exchange Rate
  • Kinda, Tidiane, Jean-Louis Combes et Patrick Plane


  • Weathering the Global Storm: The Benefits of Monetary Policy Reform in the LA5 Countries
  • Canales-Kriljenko, Jorge Iván, Luis Ignacio Jácome, Ali Alichi et Ivan Luis de Oliveira Lima


  • Export Tax and Pricing Power: Two Hypotheses on the Cocoa Market in Côte d’Ivoire
  • Kireyev, Alexei


  • What Can International Cricket Teach Us About the Role
  • of Luck in Labor Markets?
  • Aiyar, Shekhar et Rodney Ramcharan


  • Performance of Fiscal Accounts in South Africa in a Cross-Country Setting
  • Aydin, Burcu


  • Cyclicality of Revenue and Structural Balances in South Africa
  • Aydin, Burcu


  • Mother, Can I Trust the Government? Sustained Financial Deepening—A Political Institutions View
  • Quintyn, Marc et Geneviève Verdier


  • Islamic Banking: How Has It Diffused?
  • Imam, Patrick A. et Kangni Kpodar


  • A Macro Model of the Credit Channel in a Currency Union Member: The Case of Benin
  • Samaké, Issouf


  • How Do International Financial Flows to Developing Countries Respond to Natural Disasters?
  • David, Antonio


  • Exchange Rate Assessment for Sub-Saharan Economies
  • Aydin, Burcu


  • Balance Sheet Vulnerabilities of Mauritius during a Decade of Shocks
  • Imam, Patrick A. et Rainer Koehler


  • Beyond Aid: How Much Should African Countries Pay to Borrow?
  • Gueye, Cheikh A. et Amadou N.R. Sy


  • Banking Efficiency and Financial Development in Sub-Saharan Africa
  • Kablan, Sandrine


  • FDI Flows to Low-Income Countries: Global Drivers and Growth Implications
  • Dabla-Norris, Era, Jiro Honda, Amina Lahrèche-Révil et Geneviève Verdier


  • The Linkage between the Oil and Nonoil Sectors—A Panel VAR Approach
  • Klein, Nir


  • Short- versus Long-Term Credit and Economic Performance: Evidence from the WAEMU
  • Kpodar, Kangni et Kodzo Gbenyo


  • Budget Institutions and Fiscal Performance in Low-Income Countries
  • Dabla-Norris, Era, Richard Allen, Luis-Felipe Zanna, Tej Prakash, Eteri Kvintradze, Victor Duarte Lledo, Irene Yackovlev et Sophia Gollwitzer


  • ICTEquipment Investment and Growth in Low- and Lower-Middle-Income Countries
  • Haacker, Markus


  • The Real Exchange Rate and Growth Revisited: The Washington Consensus Strikes Back?
  • Berg, Andrew et Yanliang Miao


  • Firm Productivity, Innovation, and Financial Development
  • Dabla-Norris, Era, Eramus Kersting et Geneviève Verdier


  • Cyclical Patterns of Government Expenditures in
  • Sub-Saharan Africa: Facts and Factors
  • Lledo, Victor, Irene Yackovlev et Lucie Gadenne


  • A Framework to Assess the Effectiveness of IMF Technical Assistance in National Accounts
  • Pastor, Gonzalo C.


  • Improving Surveillance Across the CEMAC Region
  • Iossifov, Plamen, Noriaki Kinoshita, Misa Takebe, Robert C. York et Zaijin Zhan


  • A Rule Based Medium-Term Fiscal Policy Framework for Tanzania
  • Kim, Daehaeng et Mika Saito


  • Analyzing Fiscal Space Using the MAMS Model: An Application to Burkina Faso
  • Gottschalk, Jan, Vu Manh Le, Hans Lofgren et Kofi Nouve


  • Determinants and Macroeconomic Impact of Remittances in Sub-Saharan Africa
  • Singh, Raju Jan, Markus Haacker et Kyung-woo Lee


  • São Tomé and Príncipe: Domestic Tax System and Tax Revenue Potential
  • Farhan, Nisreen


  • The Gambia: Demand for Broad Money and Implications for Monetary Policy Conduct
  • Sriram, Subramanian S.


  • Understanding the Growth of African Markets
  • Yartey, Charles Amo et Mihasonirina Andrianaivo


  • Credit Growth in Sub-Saharan Africa—Sources, Risks, and Policy Responses
  • Iossifov, Plamen et May Y. Khamis


  • Spillovers from the Rest of the World into Sub-Saharan African Countries
  • Drummond, Paulo, Flavio Nacif et Gustavo Ramirez


  • In Search of Successful Inflation Targeting: Evidence from an Inflation Targeting Index
  • Miao, Yanliang


  • Introducing the Euro as Legal Tender—Benefits and Costs of Eurorization for Cape Verde
  • Imam, Patrick A.


  • The Macroeconomics of Scaling Up Aid: The Gleneagles Initiative for Benin
  • Mongardini, Joannes et Issouf Samaké


  • Sub-Saharan Africa’s Integration in the Global Financial Markets
  • Deléchat, Corinne, Gustavo Ramirez, Smita Wagh, et John Wakeman-Linn


  • Financial Deepening in the CFA Franc Zone: The Role of Institutions
  • Singh, Raju, Kangni Kpodar et Dhaneshwar Ghura


  • Madagascar: A Competitiveness and Exchange Rate Assessment
  • Eyraud, Luc


  • Understanding Inflation Inertia in Angola
  • Klein, Nir et Alexander Kyei


  • Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries
  • Mongardini, Joannes et Brett Rayner


  • Dedollarization in Liberia—Lessons from Cross-Country Experience
  • Erasmus, Lodewyk, Jules Leichter et Jeta Menkulasi


  • The Macroeconomic Impact of Scaled-Up Aid: The Case of Niger
  • Farah, Abdikarim, Emilio Sacerdoti et Gonzalo Salinas


  • The Value of Institutions for Financial Markets: Evidence from Emerging Markets
  • Akitoby, Bernardin et Thomas Stratmann


  • Why Isn’t South Africa Growing Faster? A Comparative Approach
  • Eyraud, Luc


  • The Determinants of Commercial Bank Profitability in Sub-Saharan Africa
  • Flamini, Valentina, Calvin A. McDonald et Liliane Schumacher


  • Bank Efficiency in Sub-Saharan African Middle-Income
  • Countries
  • Chen, Chuling


  • How Can Burundi Raise its Growth Rate?
  • The Impact of Civil Conflicts and State Intervention
  • on Burundi’s Growth Performance
  • Basdevant, Olivier

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