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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Bibliografski detalji
Glavni autor: Hitaj, Ermal
Daljnji autori: Kursat Onder, Yasin
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2013.
Serija:IMF Working Papers; Working Paper ; No. 2013/216
Online pristup:Full text available on IMF