Togo; Selected Issues

This Selected Issues Paper examines the main channels of transmission of the global financial crisis on Togoâ€™s economy. This paper assesses its impact, focusing on 2009 and considering country-specific factors that may aggravate, mitigate, or offset its effects. The decrease in global demand has already brought down the prices of its main exports, phosphate and cotton, which already had problems. The increase in unemployment in Europe and the United States may also affect Togo through lower remittances, which have been a significant source of income.

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Year of publication:	2009-05-26
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Banking sector \| Banks \| Debt management \| Economic growth \| Export shortfalls \| Public debt \| Regional shocks \| Selected issues \| Spillovers \| commodity prices \| investors \| public investment \| trading partners \| trade data \| export sector \| world economy \| private capital \| terms of trade \| domestic consumption \| direct investment \| international finance \| investment projects \| world growth \| domestic demand \| foreign nationals \| multiplier effect \| global capital \| international trade \| nonperforming loans \| trading partner \| political economy \| member country \| transport sector \| trade partners \| tax incentives \| trade channels \| foreign direct investment \| commodity exporters \| foreign investment \| multilateral agencies \| monetary union \| monetary unions \| current account deficit \| internal trade

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 09/165 3 pages long
Source:	RePEc - Research Papers in Economics

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