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Author : Bruno Boccara
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4./5 ( download)
Download or read book Determinants of Inflation Among Franc Zone Countries in Africa written by Bruno Boccara and published by World Bank Publications. This book was released on with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bruno Boccara
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (318 download)
Download or read book Determinants of Inflation Among Franc Zone Countries in Africa written by Bruno Boccara and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite belonging to a monetary union with a common currency and pooled foreign reserves, the countries of Africa's franc zone (CFA) experience substantially different inflation rates, especially in the short run. This is partly explained by the fact that for primary exporters in general, and for CFA zone members in particular, the volatility of commodity prices implies a high variance in government revenues.
Author : Ms. Carmen Reinhart
Publisher : International Monetary Fund
ISBN 13 : 1451890877
Total Pages : 43 pages
Book Rating : 4.4/5 (518 download)
Download or read book FDI to Africa written by Ms. Carmen Reinhart and published by International Monetary Fund. This book was released on 2003-01-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are obvious explanations for the absence of FDI, such as a high incidence of war. In this paper, we examine the role that monetary and exchange rate policy may have played in explaining this outcome. Specifically, we document the incidence of inflationary episodes and currency crashes in order to compare countries within the region as well as to make comparisons with other regions. Furthermore, since monetary policy can range from very transparent to very opaque, we assess Africa''s track record with dual and parallel markets. We use the parallel market premia as an indicator of the degree of distortions and extent of transparency. Our findings suggest that this is a promising line of inquiry because Africa does stand apart from other regions in this measure of transparency. We also discuss some of the fiscal underpinnings of Africa''s bouts with high inflation.
Author : Ms.Anne Marie Gulde
Publisher : International Monetary Fund
ISBN 13 : 1589066758
Total Pages : 411 pages
Book Rating : 4.5/5 (89 download)
Download or read book The CFA Franc Zone written by Ms.Anne Marie Gulde and published by International Monetary Fund. This book was released on 2008-04-02 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: About one-third of countries covered by the IMF's African Department are members of the CFA franc zone. With most other countries moving away from fixed exchange rates, the issue of an adequate policy framework to ensure the sustainability of the CFA franc zone is clearly of interest to policymakers and academics. However, little academic research exists in the public domain. This book aims to fill this void by bringing together work undertaken in the context of intensified regional surveillance and highlighting the current challenges and the main policy requirements if the arrangements are to be carried forward. The book is based on empirical research by a broad group of IMF economists, with contributions from several outside experts.
Author : eljko Bogeti?
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4./5 ( download)
Download or read book Determinants of Value-Added Tax Revenue written by eljko Bogeti? and published by World Bank Publications. This book was released on 1993 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical analysis of value- added tax revenues on a sample of 34 countries conforms with conventional wisdom from theoretical and case studies. The key implication is that for value- added tax to provide superior revenues, it should be levied in a single rate on as broad a base as possible. And tax administration and enforcement must be tough to ensure compliance.
Author : Ali Zafar
Publisher : Springer Nature
ISBN 13 : 3030710068
Total Pages : 250 pages
Book Rating : 4.0/5 (37 download)
Download or read book The CFA Franc Zone written by Ali Zafar and published by Springer Nature. This book was released on 2021-05-11 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an empirical analysis of economic and political structures impacting the CFA franc zone. Concise and practical chapters explore the history of the CFA franc zone, challenges to development, geopolitical issues, the importance of flexible exchanges rates, growth trends, and the impact of the Covid crisis. Policy reform is examined to detail economic approaches that could reduce poverty and increase the quality of life within the area. This book aims to present a macroeconomic and exchange rate framework to promote development and post-Covid recovery within the CFA franc zone. It will be of interest to students, researchers, and policymakers involved in African economics, the political economy, and development economics.
Author : Nlandu Mamingi
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4./5 ( download)
Download or read book Savings-investment Correlations and Capital Mobility in Developing Countries written by Nlandu Mamingi and published by World Bank Publications. This book was released on with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bernard M. Hoekman
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4./5 ( download)
Download or read book Developing Countries and the Uruguay Round Negotiations on Services written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 1993 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many developing countries are pursuing regulatory reform and liberalization. To what extent will signing the General Agreement on Trade an Services help governments trying to make their service sectors more efficient? Is the result of the defensive negotiating strategy that was pursued consistent with the shift toward a policy of liberalizing service markets?
Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4./5 ( download)
Download or read book Japanese Foreign Direct Investment written by and published by World Bank Publications. This book was released on 1993 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The apparent shift of Japan's foreign direct investment from higher- income host countries (such as the United States) toward Asian developing countries (such as China) may create opportunities for sustained growth in these lower income economies. This shift seems to be part of a strategic reorientation that will gradually reduce Japanese dependence on the United States while Japan explores intra- Asian opportunities.
Author : Paul R. Masson
Publisher : Rowman & Littlefield
ISBN 13 : 9780815797531
Total Pages : 248 pages
Book Rating : 4.7/5 (975 download)
Download or read book The Monetary Geography of Africa written by Paul R. Masson and published by Rowman & Littlefield. This book was released on 2004-11-30 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower transaction costs, increased stability, and greater insulation of central banks from pressures to provide monetary financing. Disadvantages relate to asymmetries among countries, especially in their terms of trade and in the degree of fiscal discipline. More disciplined countries will not want to form a union with countries whose excessive spending puts upward pressure on the central bank's monetary expansion. In T he Monetary Geography of Africa, Paul Masson and Catherine Pattillo review the history of monetary arrangements on the continent and analyze the current situation and prospects for further integration. They apply lessons from both experience and theory that lead to a number of conclusions. To begin with, West Africa faces a major problem because Nigeria has both asymmetric terms of trade—it is a large oil exporter while its potential partners are oil importers—and most important, large fiscal imbalances. Secondly, a monetary union among all eastern or southern African countries seems infeasible at this stage, since a number of countries suffer from the effects of civil conflicts and drought and are far from achieving the macroeconomic stability of South Africa. Lastly, the plan by Kenya, Tanzania, and Uganda to create a common currency seems to be generally compatible with other initiatives that could contribute to greater regional solidarity. However, economic gains would likely favor Kenya, which, unlike the other two countries, has substantial exports to its neighbors, and this may constrain the political will needed to proceed. A more promising strategy for monetary integration would be to build on existing monetary unions—the CFA franc zone in western and central Africa and the Common Monetary Area in southern Africa. Masson and Pattillo argue that the goal of a creating a s
Author : Robin W. Boadway
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4./5 ( download)
Download or read book The Taxation of Natural Resources written by Robin W. Boadway and published by World Bank Publications. This book was released on 1993 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is to concentrate on the use of taxation measures by the public sector to extract revenues from resources industries, special consideration is given to taxes specific to the resource sector.
Author : Ishac Diwan
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 55 pages
Book Rating : 4./5 ( download)
Download or read book Empirical Perspectives on National Index Funds written by Ishac Diwan and published by World Bank Publications. This book was released on 1993 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : K. William Easter
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)
Download or read book Decentralizing Water Resources Management written by K. William Easter and published by World Bank Publications. This book was released on 1993 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private sector involvement and user participation in water resource management, if properly structured, can provide incentives needed to stabilize and improve the efficiency of irrigation and water supply systems. Cost recovery is excellent in many projects in which water management and operations and maintenance are entrusted to water users.
Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)
Download or read book Unitary Versus Collective Models of the Household written by and published by World Bank Publications. This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: A case for shifting from the unitary to the collective model of the household -- in which the household may be viewed as a factory in which individuals are motivated at times by altruism, at times by self- interest, and often by both.
Author : William Russell Easterly
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4./5 ( download)
Download or read book How Much Do Distortions Affect Growth? written by William Russell Easterly and published by World Bank Publications. This book was released on 1993 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to the traditional view that distortions of relative prices have modest effects, Easterly finds that distortions can greatly affect growth and welfare.
Author : B. H. Kinsey
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4./5 ( download)
Download or read book Characteristics and Performance of Settlement Programs written by B. H. Kinsey and published by World Bank Publications. This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Levi M. Nyagura
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)
Download or read book Primary School Achievement in English and Mathematics in Zimbabwe written by Levi M. Nyagura and published by World Bank Publications. This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Zimbabwe's primary schools, higher achievement in math is associated with the amount of teacher training and instructional time, as well as the pupil- teacher ratio. Higher achievement in English is associated with the pupil- teacher and textbook- to- pupil ratios as well as the amount of teacher training.
