Macroeconomic Policy in the Franc Zone

Gebonden Engels 2005 9781403949523
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

The fourteen members of the African CFA Franc Zone represent the largest monetary unions in the southern hemisphere, predating the European Monetary Union by decades. This book analyzes the recent economic experiences of the Franc Zone's member states and of its economic institutions. It pays particular attention to the way this disparate group of countries exploit the advantages and manage the costs of adhering to a single currency. It also analyzes the impact Franc Zone institutions have on poverty.

Specificaties

ISBN13:9781403949523
Taal:Engels
Bindwijze:gebonden
Uitgever:Palgrave Macmillan UK
Hoofdrubriek:Economie, Economie

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Inhoudsopgave

Introduction; D.Fielding PART 1: CONVERGENCE IN THE FRANC ZONE AND OPTIMUM CURRENCY AREA THEORY Analysis of the Convergence Process in the UEMOA Zone; L.N.Bamba The Characteristics of Macroeconomic Shocks in the Franc Zone; D.Fielding, K.Lee & K.Shields Variance Decomposition of Macroeconomic Shocks in the Franc Zone and other Sub-Saharan African Countries; S.Coleman PART 2: ANALYSIS OF MONETARY POLICY Monetary Policy in the Franc Zone: Country-level Credit Policy; A.Shortland & D.Stasavage Estimating an Interest Rate Reaction Function for the BCEAO; A.Shortland & D.Stasavage PART 3: THE FRANC ZONE AND POVERTY Poverty and Growth in the WAEMU after the 1994 Devaluation; J-P.Azan Economic Growth, Income Distribution and Poverty: Time Series and Cross-country Evidence from the Franc Zone Countries of Sub-Saharan Africa; M.Bleaney & A.Nishiyama How Does Monetary Policy Affect the Poor? Evidence from the West African Economic and Monetary Union; D.Fielding

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        Macroeconomic Policy in the Franc Zone