Until 1984, the West African Monetary Union (WAMU) consisted of six West African countries- Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo. (Mali withdrew from the Union in 1961 and rejoined in 1984; it is therefore excluded from this analysis, which deals with a period when it was not a...

Until 1984, the West African Monetary Union (WAMU) consisted of six West African countries- Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo. (Mali withdrew from the Union in 1961 and rejoined in 1984; it is therefore excluded from this analysis, which deals with a period when it was not a...

The effect of fiscal and monetary stabilization policies has been extensively discussed, notably by Mundell [4,5] and Fleming [1]. Mundell discussed the problem under the special assumption of a perfect interest-elastic mobility of international capital flows, but Fleming assumed a less than...

Allgemeine Ursachen für die Inanspruchnahme von IWF-Krediten durch afrikanische Staaten seit ca. 1979. Skizzierung der Anpassungsprogramme der unterstützten Länder; Praxis und Umfang der Kreditvergabe. Gründe für eine deutliche Änderung der Programme seit 1982 und Verschärfung der...