Macroeconomic Policy in the Franc Zone

David Fielding

304 pages, parution le 09/09/2005

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Résumé

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.

Sommaire

Introduction; D.Fielding
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
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
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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Caractéristiques techniques

	PAPIER
Éditeur(s)	Palgrave
Auteur(s)	David Fielding
Parution	09/09/2005
Nb. de pages	304
Couverture	Relié
Intérieur	Noir et Blanc
EAN13	9781403949523
ISBN13	978-1-4039-4952-3