Hidden Bibliographic Details
| Varying Form of Title: | Quest for higher growth in the West African Economic and Monetary Union region
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| Other authors / contributors: | Mlachila, Montfort, author.
International Monetary Fund. African Department, issuing body.
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| ISBN: | 1283564343
9781283564342
1462389007
9781462389001
9781462387991
1462387993
9781462313310
1462313310
1463901828
9781463901820
9786613876799
6613876798
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| Notes: | At head of title: African Department.
Title from PDF title page (IMF Web site, viewed September 9, 2011).
"July 2011."
Available in PDF, ePUB, and Mobi formats on the Internet.
Includes bibliographical references.
English.
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| Summary: | With the exception of Burkina Faso and Mali, the growth experience for WAEMU countries has been disappointing, even when compared to other sub-Saharan African (SSA) countries. The main objective of the paper is to investigate why the quest for a growth takeoff has been more elusive in the WAEMU countries compared to other SSA countries. To do this, the paper focuses on the determinants of growth accelerations and decelerations in SSA and the WAEMU. It finds that the variables most closely associated with growth accelerations and decelerations in SSA are changes in terms of trade, private investment, civil tension, real exchange rates, and inflation. Second, as found elsewhere in the literature, there is a certain asymmetry between accelerations and decelerations, in both frequency and determinants, and that the WAEMU region is quite different from the rest of SSA.
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| Other form: | Print version: Mlachila, Montfort. Quest for Higher Growth in the WAEMU Region: The Role of Accelerations and Decelerations. Washington : International Monetary Fund, ©2011 9781462313310
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| Standard no.: | 10.5089/9781462389001.001
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