Macroeconomic Policy in the Franc Zone

2005. Auflage 2005
ISBN: 978-1-4039-4952-3
Verlag: Palgrave MacMillan UK

Buch, Englisch, 213 Seiten, Format (B × H): 153 mm x 218 mm, Gewicht: 404 g

Reihe: Studies in Development Economics and Policy

The fourteen members of the African CFA Franc Zone represent the largest monetary unions in the southern hemisphere, predating the European Monetary Union by decades. This book analyzes the recent economic experiences of the Franc Zone's member states and of its economic institutions. It pays particular attention to the way this disparate group of countries exploit the advantages and manage the costs of adhering to a single currency. It also analyzes the impact Franc Zone institutions have on poverty.

Zielgruppe

Research

Autoren/Hrsg.

Fielding, D.

Inhaltsverzeichnis

Introduction; D.Fielding PART 1: CONVERGENCE IN THE FRANC ZONE AND OPTIMUM CURRENCY AREA THEORY Analysis of the Convergence Process in the UEMOA Zone; L.N.Bamba The Characteristics of Macroeconomic Shocks in the Franc Zone; D.Fielding, K.Lee & K.Shields Variance Decomposition of Macroeconomic Shocks in the Franc Zone and other Sub-Saharan African Countries; S.Coleman PART 2: ANALYSIS OF MONETARY POLICY Monetary Policy in the Franc Zone: Country-level Credit Policy; A.Shortland & D.Stasavage Estimating an Interest Rate Reaction Function for the BCEAO; A.Shortland & D.Stasavage PART 3: THE FRANC ZONE AND POVERTY Poverty and Growth in the WAEMU after the 1994 Devaluation; J-P.Azan Economic Growth, Income Distribution and Poverty: Time Series and Cross-country Evidence from the Franc Zone Countries of Sub-Saharan Africa; M.Bleaney & A.Nishiyama How Does Monetary Policy Affect the Poor? Evidence from the West African Economic and Monetary Union; D.Fielding

Über Autor(innen)

JEAN-PAUL AZAM Professor of Economics, University of Toulouse, France
LAMBERT N'GALADJO BAMBA Professor of Economics, University of Abidjan-Cocody, Ivory Coast
MICHAEL BLEANEY Professor of Economics, University of Nottingham, UK
SIMEON COLEMAN Research Student, Department of Economics, University of Leicester, UK
KEVIN LEE Professor of Economics, University of Leicester, UK
AKIRA NISHIYAMA Assistant Professor, Keio University, Japan
KALVINDER SHIELDS Senior Lecturer in Economics, University of Melbourne, Australia
ANJA SHORTLAND Lecturer in Economics, University of Leicester, UK
DAVID STASAVAGE Senior Lecturer, Department of International Relations, London School of Economics and Political Science, UK