Back Matter
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund

Abstract

Until 1984, the West African Monetary Union (WAMU) consisted of six West African countries- Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo. (Mali withdrew from the Union in 1961 and rejoined in 1984; it is therefore excluded from this analysis, which deals with a period when it was not a member.)

Statistical Tables

Table 1.

Benin: Background Statistics, 1963–74

(In billions of CFA francs and percent)

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Sources: International Monetary fund. International Financial Statistics (Washington: IMF): and data supplied by the BCEAO.
Table 2.

Burkina Faso: Background Statistics, 1963–74

(In billions of CFA francs and percent)

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Sources: International Monetary Fund, International Financial Statistics (Washington: IMF): and data supplied by the BCEAO.
Table 3.

Ivory Coast: Background Statistics, 1963–74

(In billions of CFA francs and percent)

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Sources: International Monetary International Financial Statistics (Washington: IMF); and data supplied by the BCEAO.
Table 4.

Niger: Background Statistics, 1963–74

(In billions of CFA francs and percent)

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Sources: International Monetary fund, International financial Statistics (Washington: IMF): and data supplied by the BCEAO.
Table 5.

Senegal: Background Statistics, 1963–74

(In billions of CFA francs and percent)

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Sources: International Monetary Fund. International Financial Statistics (Washington: IMF): and data supplied by The BCEAO.
Table 6.

Togo: Background Statistics, 1963–74

(In billions of CFA Francs and percent)

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Sources: International Monetary Fund, International Financial Statistics (Washington: IMF); and data supplied by the BCEAO.
Table 7.

WAMU and Members: Impact of Changes in the Money Multiplier and in Monetary Liabilities on Changes in Money, 1964–74

(In percentage change)

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Note: M = changes in the money supply; Mk = changes in the money multiplier; ML = changes in monetary liabilities.Source: International Monetary Fund, International Financial Statistics (Washington: IMF).
Table 8.

WAMU: Trend and Cyclical Changes in Influences on the Money Supply, 1964–74

(In percentage change)

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Note: Mo = annul change in the money supply; ML = annual change in monetary liabilities; Mk = annual change in the money multiplier; Mc = annual change in the cash ratio: and Mr = annual change in the reserve ratio.Source: Statistical Appendix, Table 7.
Table 9.

Ivory Coast: Trend and Cyclical Changes in Influences on the Money Supply, 1964–74

(In percentage change)

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Note: Mo = annul change in the money supply; ML = annual change in monetary liabilities; Mk = annual change in the money multiplier; MC = annual change in the cash ratio: and Mr = annual change in the reserve ratio.Source: Statistical Appendix, Table 7.
Table 10.

WAMU and Members: Influence on Variations in Monetary Liabilities of Changes in Net Foreign Assets, in Net Credit to Government, and in Adjusted Monetary Liabilities, 1964–74

(in percentage change)

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Note: ML = total changes in monetary liabilities; MF = changes due to variations in net foreign assets; MDG = changes due to variations in credit to government; MLP = changes due to variations in potentially policy-controllable liabilities (i.e., rediscountable credits).Source: International Monetary Fund, International Financial Statistics (Washington: IMF).
Table 11.

WAMU and Members: Money Multipliers, 1963–74

(Quarterly averages)

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Source: International Monetary Fund, International Financial Statistics (Washington: IMF).
Table 12.

WAMU and Members: Impact of Changes in the Cash Ratio and in the Reserve Ratio on Variations in the Money Multiplier, 1964–74

(In percentage change)

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Note: Mk = changes in the money multiplier; Mc = variations in the cash ratio; Mr = changes in (he reserve ratio.Source: International Monetary Fund. International Financial Statistics (Washington: IMF).
Table 13.

BCKAO: Basic Elements of the Money Multiplier, 1966–74

(Quarterly averages)