Fiscal Discipline in WAEMU : Rules, Institutions, and Markets /

This paper gauges the scope for market discipline and the effectiveness of the regional surveillance framework in the West African Economic and Monetary Union (WAEMU). The paper finds that the responsiveness of sovereign bond rates to governments' fiscal behavior in the regional financial marke...

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Detalhes bibliográficos
Autor principal: Hitaj, Ermal
Outros Autores: Kursat Onder, Yasin
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2013.
Colecção:IMF Working Papers; Working Paper ; No. 2013/216
Acesso em linha:Full text available on IMF

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