West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries

March 22, 2012

Preview Citation

Format: Chicago

West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries, (USA: International Monetary Fund, 2012) accessed November 21, 2024

Also available in: français

Summary

The staff report on discussions with regional institutions of the West African Economic and Monetary Union is presented. The region faced a number of challenges in 2011, with the intensification of the political crisis in Côte d’Ivoire and a large increase in global food and fuel prices. A materialization of downside risks could require a monetary policy relaxation for the union and differentiated fiscal responses across member countries. The drought in the Sahel may also require a more active fiscal policy in the affected countries.

Subject: Banking, Economic integration, Expenditure, Fiscal policy, Fiscal stance, Inflation, Prices, Public debt, Regional integration

Keywords: Authorities' decision, Authority, Broad money, CR, Crisis, Euro zone crisis, Fiscal stance, Global, Inflation, ISCR, Maturing Ivorian government paper, Regional integration, Sub-Saharan Africa, WAEMU commission, West Africa

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/059
Stock No:

1WAUEA2012001
ISBN:

9781475502428
ISSN:

1934-7685

Notes

Also available in French

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