Tokarick, Stephen 2010. “A Method for Calculating Export Supply and Import Demand Elasticities”. IMF Working Paper 10/180, International Monetary Fund, Washington, DC.
This note was prepared by Mamadou D. Barry.
Decline in import will stem from reduced government investment, completion of major projects, and reduced economic activities.
An additional safeguard is represented by the fact that the French Treasury guarantees the convertibility of the CFAF into Euros.
The policy gap is the sum of the deviation of Niger’s actual policy fundamentals from their optimal level.