Fiscal Dominance in Sub-Saharan Africa Revisited.
This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroeconomic instability, and increasingly so as fiscal deficits and public debt are rising...
Format: | Journal |
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Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2021.
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Series: | IMF Working Papers; Working Paper ;
No. 2021/017 |
Online Access: | Full text available on IMF |