Back Matter

Back Matter

Author(s):
International Monetary Fund. African Dept.
Published Date:
May 2016
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Publications of the IMF African Department, 2009–16

Books and Monographs

2016

  • Africa on the Move: Unlocking the Potential of Small Middle-Income States
  • Lamin Leigh, Ali M Mansoor

2015

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

2014

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

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, 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, Stéphane Roudet

Departmental Papers

16/2

  • Trade Integration and Global Value Chains in Sub-Saharan Africa: In Pursuit of the Missing Link
  • Céline Allard, Jorge Iván Canales Kriljenko, Jesus Gonzalez-Garcia, Emmanouil Kitsios, Juan P. Trevino, Wenjie Chen

16/1

  • Make Investment Scaling-up Work in Benin: A Macro-Fiscal Analysis
  • Barhoumi, Karim, Larry Cui, Christine Dieterich, Nicolas End, Matteo Ghilardi, Alexander Raabe, Sergio Sola

15/10

  • Strengthening the West African Economic and Monetary Union: The Role of Fiscal and Market Institutions in Economic Stabilization
  • Basdevant, Olivier, Patrick A. Imam, Tidiane Kinda, Aleksandra Zdzienicka

15/8

  • Evolving Banking Trends in Sub-Saharan Africa: Key Features and Challenges
  • Mecagni, Mauro, Daniela Marchettini, Rodolfo Maino

15/7

  • Monitoring and Managing Fiscal Risks in the East African Community
  • Mauro, Paolo, Herve Joly, Ari Aisen, Emre Alper, François Boutin-Dufresne, Jemma Dridi, Nikoloz Gigineishvili, Tom Josephs, Clara Mira, Vimal V Thakoor, Alun H. Thomas, Fan Yang

15/6

  • 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, and Sebastien Walker

15/5

  • 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, Rui Xu

15/4

  • Dollarization in Sub-Saharan Africa: Experiences and Lessons
  • Mecagni, Mauro, Juan S Corrales, Jemma Dridi, Rodrigo Garcia-Verdu, Patrick A. Imam, Justin Matz, Carla Macario, Rodolfo Maino, Yibin Mu, Ashwin Moheeput, Futoshi Narita, Marco Pani, Manuel Rosales, Sebastian Weber, Etienne B. Yehoue

15/3

  • Pan-African Banking: Opportunities and Challenges for Cross-Border Oversight
  • Enoch, Charles, Paul Henri Mathieu, Mauro Mecagni, Jorge Iván Canales Kriljenko

15/2

  • Sustaining More Inclusive Growth in the Republic of Congo
  • Hakura, Dalia, Adrian Alter, Matteo Ghilardi, Rodolfo Maino, Cameron McLoughlin, Maximilien Queyranne

15/1

  • Making Senegal a Hub for West Africa: Reforming the State, Building to the Future
  • Kireyev, Alexei, Ali M. Mansoor

14/4

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

14/3

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

14/2

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

14/1

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

13/8

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

13/7

  • Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union
  • Kolerus, Christina, Aleksandra Zdzienicka, Ermal Hitaj, 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, Masafumi Yabara

13/2

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

13/2

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

Policy Papers

12/14

  • Pan-African Banks - Opportunities and Challenges for Cross-Border Oversight
  • Prepared by a staff team led by Charles Enoch, Paul Mathieu, Mauro Mecagni.

Staff Discussion Notes

15/11

  • Is the Glass Half Empty or Half Full? Issues in Managing Water Challenges and Policy Instruments
  • Kalpana Kochhar, Catherine Pattillo, Yan Sun, Nujin Suphaphiphat, Andrew Swiston, Robert Tchaidze, Benedict Clements, Stefania Fabrizio, Valentina Flamini, Laure Redifer, Harald Finger, and an IMF Staff Team

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, Dimitre Milkov

09/16

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

Working Papers

16/17

  • Unintended Consequences: Spillovers from Nigeria’s Fuel Pricing Policies to Its Neighbor
  • Mlachila, Montfort, Edgardo Ruggiero, David Corvino

16/12

  • Commodity Price Shocks and Financial Sector Fragility
  • Kinda, Tidiane, Montfort Mlachila, Rasmané Ouedraogo

15/268

  • Exiting From Fragility in sub-Saharan Africa: The Role of Fiscal Policies and Fiscal Institutions
  • Deléchat, Corinne, Ejona Fuli, Dafina Mulaj, Gustavo Ramirez, Rui Xu

15/236

  • Public Investment in a Developing Country Facing Resource Depletion
  • Alter, Adrian, Matteo Ghilardi, Dalia Hakura

15/235

  • Financial Inclusion and Development in the CEMAC
  • Alter, Adrian, Boriana Yontcheva

15/221

  • Spillovers from China onto Sub-Saharan Africa: Insights from the Flexible System of Global Models (FSGM)
  • Anderson, Derek, Jorge Iván Canales Kriljenko, Paulo Drummond, Pedro Espaillat, Dirk Muir

15/190

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

15/189

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

15/185

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

15/169

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

15/149

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

15/126

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

15/99

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

15/83

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

15/49

  • Remittances and Macroeconomic Volatility in African Countries
  • Ahmat Jidoud

15/25

  • 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, Susan Yang

15/17

  • Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries
  • Stepanyan, Ara, and Lamin Leigh

15/12

  • Revisiting teh Concept of Dollarization: The Global Financial Crisis and Dollarization in Low-Income Countries
  • Mwase, Nkunde, and Francis Y. Kumah

14/241

  • Global Financial Transmission into Sub-Saharan Africa– A Global Vector Autoregression Analysis
  • Canales Kriljenko, Jorge Iván, Mehdi Hosseinkouchack, Alexis Meyer-Cirkel

14/231

  • Safe Debt and Uncertainty in Emerging Markets: An Application to South Africa
  • Saxegaard, Magnus

14/172

  • A Quality of Growth Index for Developing Countries: A Proposal
  • Mlachila, Montfort, Rene Tapsoba, 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, Ke Wang

14/149

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

13/201

  • Africa’s Got Work to Do: Employment Prospects in the New Century
  • Fox, Louise, Cleary Haines, Jorge Huerta Muñoz, 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, 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, Mesmin Koulet-Vickot

13/147

  • Investing Volatile Oil Revenues in Capital-Scarce Economies: An Application to Angola
  • Richmond, Christine, Irene Yackovlev, 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, Bruno Versailles

13/139

  • Inclusive Growth: An Application of the Social Opportunity Function to Selected African Countries
  • Adedeji, Olumuyiwa, Huancheng Du, 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, 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, Armine Khachatryan

13/31

  • Inward and Outward Spillovers in the SACU Area
  • Canales-Kriljenko, Jorge Iván, Farayi Gwenhamo, 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, 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, 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, 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, Olumuyiwa Adedeji, Manuk Ghazanchyan, 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 Swaziland
  • Basdevant, 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

11/102

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

11/80

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

11/73

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

11/69

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

11/64

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

11/59

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

11/57

  • Modeling Inflation in Chad
  • Kinda, Tidiane

11/48

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

11/40

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

11/20

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

11/9

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

10/292

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

10/269

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

10/225

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

10/217

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

10/216

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

10/210

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

10/195

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

10/191

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

10/166

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

10/162

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

10/148

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

10/140

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

10/136

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

10/132

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

10/118

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

10/115

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

10/80

  • 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, and Sophia Gollwitzer

10/66

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

10/58

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

10/49

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

09/274

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

09/269

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

09/260

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

09/244

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

09/227

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

09/216

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

09/215

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

09/192

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

09/182

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

09/180

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

09/155

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

09/148

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

09/146

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

09/115

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

09/114

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

09/113

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

09/107

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

09/98

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

09/75

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

09/37

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

09/36

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

09/27

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

09/25

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

09/15

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

09/14

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

09/11

  • 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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