The quest for higher growth in the WAEMU region : the role of accelerations and decelerations /

The quest for higher growth in the WAEMU region : the role of accelerations and decelerations /

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Bibliographic Details
Author / Creator:Kinda, Tidiane, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2011.
Description:1 online resource (29 pages)
Language:English
Series:IMF working paper ; WP/11/174
IMF working paper ; WP/11/174.
Subject:
Union économique et monétaire ouest africaine.
Union économique et monétaire ouest africaine.
Economic development -- Africa, West.
Economic development.
West Africa.
History.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499402
Hidden Bibliographic Details
Varying Form of Title:Quest for higher growth in the West African Economic and Monetary Union region
Other authors / contributors:Mlachila, Montfort, author.
International Monetary Fund. African Department, issuing body.
ISBN:1283564343
9781283564342
1462389007
9781462389001
9781462387991
1462387993
9781462313310
1462313310
1463901828
9781463901820
9786613876799
6613876798
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.
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.
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
Standard no.:10.5089/9781462389001.001
Table of Contents:
  • Cover Page; Title Page; Copyright Page; Abstract; Contents; I. Introduction; II. Growth Accelerations and Decelerations-Selected Readings for Africa; III. Characterizing the WAEMU Growth Experience; A. Growth and Income Level; 1. Growth and Income Level; B. Growth Acceleration and Deceleration; 1. Per Capita Growth Acceleration and Deceleration, 1980-2009; 2. Per Capita Growth Acceleration and Deceleration in WAEMU, 1980-2009; IV. Macroeconomic Management and Structural Developments; A. Macroeconomic Management; 3. Macroeconomic Management, 1980-2009.
  • 4. Macroeconomic Management in WAEMU Countries, 1980-2009B. Structural Developments; 5. Institutional Quality, 1996-2008; 6. Institutional Quality in WAEMU Countries, 1996-2008; 7. Determinants of Growth Accelerations in Sub-Saharan Africa; 8. Determinants of Growth Accelerations in Sub-Saharan Africa; 9. Determinants of Growth Decelerations in Sub-Saharan Africa; 10. Determinants of Growth Decelerations in Sub-Saharan Africa; C. Implications for WAEMU; V. The Determinants of Growth Accelerations and Decelerations in Sub-Saharan Africa; A. Overview on Methodology; B. Growth Accelerations.
  • C. Growth DecelerationsD. Putting It All Together; VI. Concluding Remarks; Appendix; References; Footnotes.

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