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The Supply Response To Exchange Rate Reform In Sub Saharan Africa
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Book Synopsis The Supply Response to Exchange Rate Reform in Sub-Saharan Africa by : Mustapha Rouis
Download or read book The Supply Response to Exchange Rate Reform in Sub-Saharan Africa written by Mustapha Rouis and published by World Bank Publications. This book was released on 1994 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Black Markets for Foreign Exchange, Real Exchange Rates, and Inflation by : Brian Pinto
Download or read book Black Markets for Foreign Exchange, Real Exchange Rates, and Inflation written by Brian Pinto and published by World Bank Publications. This book was released on 1988 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inflation could rise permanently and substantially as a result of unifying official and black market exchange rates, even if real government spending remains constant.
Book Synopsis The Road Half Traveled by : Mylène Kherallah
Download or read book The Road Half Traveled written by Mylène Kherallah and published by Intl Food Policy Res Inst. This book was released on 2000 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need for agricultural reform; How far did reforms go? Impact of the reforms; The future of agricultural market reform in Sub-Saharan Africa.
Book Synopsis Economic Reform in Sub-Saharan Africa by : Ajay Chhibber
Download or read book Economic Reform in Sub-Saharan Africa written by Ajay Chhibber and published by World Bank Publications. This book was released on 1991 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume are divided into eight broad and interrelated topics that concern African economic reform : exchange rate policy, parallel markets, fiscal deficits and expenditure policy, financial sector policy, trade policy, regional integration, human capital and entrepreneurship, and growth oriented adjustment. The editors of this collection of papers submit that seven conclusions can be drawn from these papers : 1) a realistic exchange rate policy is crucial for growth; 2) returns to investment are typically very low in Africa; 3) trade diversification is necessary to get away from the problem faced by many African countries of declining terms of trade for their major exports; 4) the role of the informal financial system in resource mobilization and allocation needs to be recognized; 5) formal efforts at regional integration in Africa have failed so far; 6) incentive policies are an important element of the package needed to restore growth, but they are not enough; and 7) the level of human capital development has been very low.
Book Synopsis Real Overvaluation, Terms of Trade Shocks, and the Cost to Agriculture in Sub-Saharan Africa by : Ibrahim Elbadawi
Download or read book Real Overvaluation, Terms of Trade Shocks, and the Cost to Agriculture in Sub-Saharan Africa written by Ibrahim Elbadawi and published by World Bank Publications. This book was released on 1992 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The observed decline of agriculture and the general worsening of economic conditions in Sub-Saharan Africa are linked to economic distortions, which limit growth.
Book Synopsis Exchange Rate Liberalization in Selected Sub-Saharan African Countries Successes, Failures, and Lessons by : Mr.Nils Øyvind Mæhle
Download or read book Exchange Rate Liberalization in Selected Sub-Saharan African Countries Successes, Failures, and Lessons written by Mr.Nils Øyvind Mæhle and published by International Monetary Fund. This book was released on 2013-01-31 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many sub-Saharan African (SSA) countries liberalized their economies in the 1980s and early 1990s. This paper reviews the foreign exchange regime reforms in selected SSA, and their associated macroeconomic policies and economic performance during and after these reforms were undertaken. Before liberalization, most of the reviewed countries were characterized by extensive foreign exchange rationing, sizeable black market premiums, and declining per capita real income. Today, the countries that successfully reformed look markedly different. Rationing and parallel market spreads are a distant memory, and per capita income has increased sharply.
Book Synopsis Post-Stabilization Economics in Sub-Saharan Africa by : Mr.Shanaka J. Peiris
Download or read book Post-Stabilization Economics in Sub-Saharan Africa written by Mr.Shanaka J. Peiris and published by International Monetary Fund. This book was released on 2008-05-01 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mozambique is an economic success story in sub-Saharan Africa (SSA). Its remarkable achievements offer valuable lessons to other low-income countries in a post-stabilization economic phase, including how they can efficiently manage a scaling up of foreign aid aimed at poverty reduction. Of special interest to other sub-Saharan countries are the book's discussions of Mozambique's progress toward consolidating macroeconomic and financial stability, and the challenges it faces in ensuring long-term sustainability, creating a virtuous cycle of natural resource use, and implementing second-generation structural reforms to sustain its growth. This book also provides a summary of the most recent research on issues related to post-stabilization economics in SSA.
Book Synopsis Trade Policy and Exchange Rate Reform in Sub-Saharan Africa by : John Nash
Download or read book Trade Policy and Exchange Rate Reform in Sub-Saharan Africa written by John Nash and published by Asia Pacific Press. This book was released on 1997-01-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis African Economies in Transition by : Jo Ann Paulson
Download or read book African Economies in Transition written by Jo Ann Paulson and published by Springer. This book was released on 2016-07-27 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative assessment of the reform efforts in African economies during the 1980s and early 1990s, with the focus on economic liberalization in those socialist countries which began from a position of pervasive state intervention. A companion theoretical volume (0-333-66545-7) examines the changing role of the state during the period of transition. This volume examines the important debate on agricultural reforms in the period, and provides in-depth country studies of the transition economies, covering Congo, Madagascar, Tanzania and the impact of war on transition in Angola and Mozambique. These books are the first in an important new series in association with the Centre for the Study of African Economies, University of Oxford.
Book Synopsis Aggregate Agricultural Supply Response in Developing Countries by : Maurice W. Schiff
Download or read book Aggregate Agricultural Supply Response in Developing Countries written by Maurice W. Schiff and published by World Bank Publications. This book was released on 1995 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adjustment in Africa written by and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy Subsidy Reform in Sub-Saharan Africa by : Mr.Trevor Serge Coleridge Alleyne
Download or read book Energy Subsidy Reform in Sub-Saharan Africa written by Mr.Trevor Serge Coleridge Alleyne and published by International Monetary Fund. This book was released on 2013-08-12 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies on that literature, too, it tailors its discussion to SSA countries to respond to the following questions: Why it is important to reduce energy subsidies? What are the difficulties involved in energy subsidy reform? How best can a subsidy reform be implemented? This paper uses various sources of information on SSA countries: quantitative assessments, surveys, and individual (but standardized) case studies.
Book Synopsis African Agricultural Reforms by : M. Ataman Aksoy
Download or read book African Agricultural Reforms written by M. Ataman Aksoy and published by World Bank Publications. This book was released on 2012-07-10 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyzes the political economy of the successes and failures of the agricultural reform programs in Sub Saharan Africa. It shows that in almost all cases reforms lead to a supply response but their sustainability in face of shocks depend on the consensus about the reform and the subsequent rent distribution.
Download or read book Open Economies written by Ian Goldin and published by Cambridge University Press. This book was released on 1992-05-28 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the interaction between macroeconomic and agricultural sector reforms in developing and East European economies.
Book Synopsis Dollarization in Sub-Saharan Africa by : Mr.Mauro Mecagni
Download or read book Dollarization in Sub-Saharan Africa written by Mr.Mauro Mecagni and published by International Monetary Fund. This book was released on 2015-05-15 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dollarization—the use of foreign currencies as a medium of exchange, store of value, or unit of account—is a notable feature of financial development under macroeconomically fragile conditions. It has emerged as a key factor explaining vulnerabilities and currency crises, which have long been observed in Latin America, parts of Asia, and Eastern Europe. Dollarization is also present, prominently, in sub-Saharan Africa (SSA) where it remains significant and persistent at over 30 percent rates for both bank loans and deposits—although it has not increased significantly since 2001. However, progress in reducing dollarization has lagged behind other regions and, in this regard, it is legitimate to ask whether this phenomenon is an important concern in SSA. This study fills a gap in the literature by analyzing these issues with specific reference to the SSA region on the basis of the evidence for the past decade.
Book Synopsis Adjustment in Africa by : Ishrat Husain
Download or read book Adjustment in Africa written by Ishrat Husain and published by World Bank Publications. This book was released on 1994-01-01 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Environment Paper 4. This survey describes the factors that affect tree cultivation and clearance by Kenyan farmers. These factors include agricultural conditions, product markets, the family life cycle, income, and changing demands for household labor--especially demands caused by labor migration. The author explains why removing structural constraints on rural land markets might reduce the incentive to start and maintain woodlots. He also details why policies that seek to create forests may conflict with programs that generate rural employment.
Book Synopsis Exchange Rate Based Stabilization in Argentina and Chile by : Miguel Alberto Kiguel
Download or read book Exchange Rate Based Stabilization in Argentina and Chile written by Miguel Alberto Kiguel and published by World Bank Publications. This book was released on 1994 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exchange- rate- based stabilization programs supported by a sustained fiscal adjustment generally reduced long- term inflation. Success was not easy, however, because rigid adherence to the exchange rate rule many times resulted in strong overvaluation of the currency and balance- of- payments problems before stabilization was finally secured.