Feeling the Elephant's Weight: The Impact of Côte d'Ivoire's Crisison WAEMU Trade
This paper analyzes the impact of political instability in Côte d'Ivoire on WAEMU trade over 1990-2007, applying panel econometric techniques to a gravity model of trade within WAEMU and between WAEMU and the rest of the world. The paper finds that intra-regional trade represents a small share...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 11/80 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | This paper analyzes the impact of political instability in Côte d'Ivoire on WAEMU trade over 1990-2007, applying panel econometric techniques to a gravity model of trade within WAEMU and between WAEMU and the rest of the world. The paper finds that intra-regional trade represents a small share of total WAEMU trade and that Côte d'Ivoire accounts for around half of that total, highlighting the importance of this country for the region. The political instability in Côte d'Ivoire has led to an increase in transaction costs, making it relatively more costly for member countries to trade with each other than with the rest of world. Instability has also resulted in a diversion of trade away from Côte d'Ivoire in favor of other countries equipped with ports and in a reduction of WAEMU overall potential trade. For Côte d'Ivoire alone, lost trade is estimated at around 40 percent of its potential trade with the WAEMU in the absence of instability. With a normalization in Côte d'Ivoire, enhanced security and further integration would be essential to achieve higher levels of trade and growth in the WAEMU region |
| Beschreibung: | 1 Online-Ressource (32 p) |
| ISBN: | 1455226084 9781455226085 |
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| index_date | 2024-07-03T20:13:24Z |
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| owner_facet | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
| physical | 1 Online-Ressource (32 p) |
| psigel | ZDB-1-IMF |
| publishDate | 2011 |
| publishDateSearch | 2011 |
| publishDateSort | 2011 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF Working Papers |
| spelling | Egoumé-Bossogo, Philippe Verfasser aut Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade Egoumé-Bossogo, Philippe Washington, D.C International Monetary Fund 2011 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/80 This paper analyzes the impact of political instability in Côte d'Ivoire on WAEMU trade over 1990-2007, applying panel econometric techniques to a gravity model of trade within WAEMU and between WAEMU and the rest of the world. The paper finds that intra-regional trade represents a small share of total WAEMU trade and that Côte d'Ivoire accounts for around half of that total, highlighting the importance of this country for the region. The political instability in Côte d'Ivoire has led to an increase in transaction costs, making it relatively more costly for member countries to trade with each other than with the rest of world. Instability has also resulted in a diversion of trade away from Côte d'Ivoire in favor of other countries equipped with ports and in a reduction of WAEMU overall potential trade. For Côte d'Ivoire alone, lost trade is estimated at around 40 percent of its potential trade with the WAEMU in the absence of instability. With a normalization in Côte d'Ivoire, enhanced security and further integration would be essential to achieve higher levels of trade and growth in the WAEMU region Online-Ausg Nayo, Ankouvi Sonstige oth http://elibrary.imf.org/view/IMF001/11761-9781455226085/11761-9781455226085/11761-9781455226085.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Egoumé-Bossogo, Philippe Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade |
| title | Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade |
| title_auth | Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade |
| title_exact_search | Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade |
| title_exact_search_txtP | Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade |
| title_full | Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade Egoumé-Bossogo, Philippe |
| title_fullStr | Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade Egoumé-Bossogo, Philippe |
| title_full_unstemmed | Feeling the Elephant's Weight The Impact of Côte d'Ivoire's Crisison WAEMU Trade Egoumé-Bossogo, Philippe |
| title_short | Feeling the Elephant's Weight |
| title_sort | feeling the elephant s weight the impact of cote d ivoire s crisison waemu trade |
| title_sub | The Impact of Côte d'Ivoire's Crisison WAEMU Trade |
| url | http://elibrary.imf.org/view/IMF001/11761-9781455226085/11761-9781455226085/11761-9781455226085.xml |
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