The Quest for Higher Growth in the WAEMU Region: The Role of Accelerations and Decelerations
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 coun...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
2011
|
| Series: | IMF Working Papers
Working Paper No. 11/174 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| 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 |
| Physical Description: | 1 Online-Ressource (15 p) |
| ISBN: | 1462313310 9781462313310 |
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| index_date | 2024-07-03T20:13:20Z |
| indexdate | 2024-07-10T09:35:28Z |
| institution | BVB |
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| record_format | marc |
| series2 | IMF Working Papers |
| spelling | Mlachila, Montfort Verfasser aut The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations Mlachila, Montfort Washington, D.C International Monetary Fund 2011 1 Online-Ressource (15 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/174 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 Online-Ausg Kinda, Tidiane Sonstige oth http://elibrary.imf.org/view/IMF001/12055-9781462313310/12055-9781462313310/12055-9781462313310.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Mlachila, Montfort The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations |
| title | The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations |
| title_auth | The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations |
| title_exact_search | The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations |
| title_exact_search_txtP | The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations |
| title_full | The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations Mlachila, Montfort |
| title_fullStr | The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations Mlachila, Montfort |
| title_full_unstemmed | The Quest for Higher Growth in the WAEMU Region The Role of Accelerations and Decelerations Mlachila, Montfort |
| title_short | The Quest for Higher Growth in the WAEMU Region |
| title_sort | the quest for higher growth in the waemu region the role of accelerations and decelerations |
| title_sub | The Role of Accelerations and Decelerations |
| url | http://elibrary.imf.org/view/IMF001/12055-9781462313310/12055-9781462313310/12055-9781462313310.xml |
| work_keys_str_mv | AT mlachilamontfort thequestforhighergrowthinthewaemuregiontheroleofaccelerationsanddecelerations AT kindatidiane thequestforhighergrowthinthewaemuregiontheroleofaccelerationsanddecelerations |