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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Mlachila, Montfort
Muut tekijät: Kinda, Tidiane
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2011.
Sarja:IMF Working Papers; Working Paper ; No. 2011/174
Linkit:Full text available on IMF
LEADER 02003cas a2200253 a 4500
001 AALejournalIMF011191
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781462313310 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Mlachila, Montfort. 
245 1 4 |a The Quest for Higher Growth in the WAEMU Region :   |b The Role of Accelerations and Decelerations /  |c Montfort Mlachila, Tidiane Kinda. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2011. 
300 |a 1 online resource (15 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
700 1 |a Kinda, Tidiane. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2011/174 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2011/174/001.2011.issue-174-en.xml  |z IMF e-Library