Trade, exchange rate, and growth in sub-Saharan Africa /

Trade, exchange rate, and growth in sub-Saharan Africa /

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Bibliographic Details
Author / Creator:Azam, Jean-Paul.
Imprint:Cambridge, UK ; New York : Cambridge University Press, 2007.
Description:1 online resource (xvii, 261 pages) : illustrations
Language:English
Subject:
Foreign exchange -- Africa, Sub-Saharan.
Informal sector (Economics) -- Africa, Sub-Saharan.
Commerce.
Commercial policy.
Foreign exchange.
Informal sector (Economics)
Africa, Sub-Saharan -- Commercial policy.
Africa, Sub-Saharan -- Commerce.
Sub-Saharan Africa.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11812919
Hidden Bibliographic Details
ISBN:9780511257599
0511257597
0511257112
9780511257117
9780511618338
0511618336
9780521865364
0521865360
9786610709953
6610709955
0521684072
0521865360
9780521684071
Notes:Includes bibliographical references (pages 240-254) and index.
Print version record.
Summary:In this sophisticated yet accessible analysis of the open economies of Sub-Saharan Africa, Jean-Paul Azam analyses international trade, exchange rate issues, and longer-term growth, taking due account of the distinctive features of African economies. In particular, he examines the informal as well as the formal institutional frameworks which prevail in different African countries and which affect their macroeconomic behaviour. Key issues explored include tariffs and quotas, membership of the CFA Zone, and currency convertibility or inconvertibility, as well as smuggling, corruption, parallel markets in goods and currencies, ethnic diversity and redistribution. Case studies of important macroeconomic events are used to establish basic stylized facts from which the theory emerges, and special attention is paid to the consequences of macroeconomic events for the poor, via the food market or traditional redistribution mechanisms.
Other form:Print version: Azam, Jean-Paul. Trade, exchange rate, and growth in sub-Saharan Africa. Cambridge, UK ; New York : Cambridge University Press, 2007 0521865360 9780521865364

MARC

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245 1 0 |a Trade, exchange rate, and growth in sub-Saharan Africa /  |c Jean-Paul Azam. 
260 |a Cambridge, UK ;  |a New York :  |b Cambridge University Press,  |c 2007. 
300 |a 1 online resource (xvii, 261 pages) :  |b illustrations 
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504 |a Includes bibliographical references (pages 240-254) and index. 
588 0 |a Print version record. 
505 0 |a Introduction and overview -- pt. I. Unrecorded trade in goods and currencies -- The welfare implications of unrecorded cross-border trade -- Parallel trade and currency convertibility -- pt. II. Foreign exchange constraints -- Dollars for sale : inflation and the black market premium -- The public debt constraint in the CFA zone -- Currency crises, food, and the "Cola nut" effect -- pt. III. Longer-term growth in African countries -- Exchange rate, growth, and poverty -- Export crops, human capital, and endogenous growth -- Ethnic rents and the politics of redistribution. 
520 |a In this sophisticated yet accessible analysis of the open economies of Sub-Saharan Africa, Jean-Paul Azam analyses international trade, exchange rate issues, and longer-term growth, taking due account of the distinctive features of African economies. In particular, he examines the informal as well as the formal institutional frameworks which prevail in different African countries and which affect their macroeconomic behaviour. Key issues explored include tariffs and quotas, membership of the CFA Zone, and currency convertibility or inconvertibility, as well as smuggling, corruption, parallel markets in goods and currencies, ethnic diversity and redistribution. Case studies of important macroeconomic events are used to establish basic stylized facts from which the theory emerges, and special attention is paid to the consequences of macroeconomic events for the poor, via the food market or traditional redistribution mechanisms. 
651 0 |a Africa, Sub-Saharan  |x Commercial policy. 
651 0 |a Africa, Sub-Saharan  |x Commerce. 
650 0 |a Foreign exchange  |z Africa, Sub-Saharan. 
650 0 |a Informal sector (Economics)  |z Africa, Sub-Saharan. 
650 6 |a Change  |z Afrique noire. 
650 6 |a Secteur informel (Économie politique)  |z Afrique noire. 
651 6 |a Afrique noire  |x Politique commerciale. 
651 6 |a Afrique noire  |x Commerce. 
650 7 |a BUSINESS & ECONOMICS  |x International  |x Marketing.  |2 bisacsh 
650 7 |a POLITICAL SCIENCE  |x International Relations  |x Trade & Tariffs.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x International  |x General.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x Exports & Imports.  |2 bisacsh 
650 7 |a Commerce.  |2 fast  |0 (OCoLC)fst00869279 
650 7 |a Commercial policy.  |2 fast  |0 (OCoLC)fst00869569 
650 7 |a Foreign exchange.  |2 fast  |0 (OCoLC)fst00931768 
650 7 |a Informal sector (Economics)  |2 fast  |0 (OCoLC)fst00972518 
651 7 |a Sub-Saharan Africa.  |2 fast  |0 (OCoLC)fst01239520 
655 0 |a Electronic books. 
655 4 |a Electronic books. 
776 0 8 |i Print version:  |a Azam, Jean-Paul.  |t Trade, exchange rate, and growth in sub-Saharan Africa.  |d Cambridge, UK ; New York : Cambridge University Press, 2007  |z 0521865360  |z 9780521865364  |w (DLC) 2006025235  |w (OCoLC)70866928 
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