The New International Financial Architecture and Africa

Author/Editor:

Saleh M. Nsouli ; Françoise Le Gall

Publication Date:

September 1, 2001

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The new international financial architecture can help African countries benefit from globalization, while minimizing the risks, and foster an environment conducive to increased domestic investment and higher sustained growth. This paper highlights the progress that African countries have made in several areas of the new architecture, but it also underscores the considerable way that these countries must go to meet the requirements of the new architecture.

Series:

Working Paper No. 2001/130

Subject:

Balance of payments Banking Capital account Exchange rate arrangements Financial Sector Assessment Program Financial sector policy and analysis Foreign exchange Poverty Poverty reduction Poverty reduction strategy

English

Publication Date:

September 1, 2001

ISBN/ISSN:

9781451855197/1018-5941

Stock No:

WPIEA1302001

Pages:

33

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