Search Results - subject:"franc"

From the French franc to the euro, is there an economic impact for the CFA franc zone countries? : a "bias-corrected" synthetic control method

Diallo, Alassane; Ba, Adama - In: Cogent economics & finance 12 (2024) 1, pp. 1-29

This paper assesses the impact of pegging the CFA franc to the euro - at a fixed parity - on real GDP per capita in the …' economies related to the pegging of the CFA Franc to the Euro. …

Persistent link: https://www.econbiz.de/10015386676

Évaluation du taux d’intérêt naturel dans la CEMAC

Mounkala, Evrard Ulrich - 2025

Persistent link: https://www.econbiz.de/10015271932

The long-run effects of fiscal consolidation on economic activity in the CEMAC zone

Nokam, Vivien Narcisse Wabo; Soh, Syrie Galex - In: Review of Economic Analysis : REA 17 (2025) 1, pp. 69-93

This study aims to analyze the long-run effects of fiscal consolidation on economic activity in the Economic and Monetary Community of Central Africa (CEMAC), a grouping of six countries (Cameroon, Congo, Gabon, Equatorial Guinea, the Central African Republic, and Chad) forming a monetary union....

Persistent link: https://www.econbiz.de/10015386917

The 1992-93 EMS crisis and the South : lessons from the Franc Zone system and the 1994 CFA Franc devaluation

Dossou-Cadja, Rodrigue - 2024

The CFA franc devaluation on 11 January 1994 stands out as the most significant reform within the Franc Zone system … unveils the CFA franc devaluation as a fundamental role player in backing up credibility of the French franc amidst the 1992 …-3 EMS crisis. A 'new democratic Franc Zone's Transition Committee' at the Banque de France, appears as a key feature for the …

Persistent link: https://www.econbiz.de/10014480992

The exchange rate regime of the WAEMU : monetary stability at the expense of current account deficits and rising external financial liabilities? : a post-Keynesian view

Lampe, Florian - 2024

member countries of the WAEMU have a shared history as former French colonies. The WAEMU’s common currency, the CFA franc, is …

Persistent link: https://www.econbiz.de/10015049323

Institutional quality, investment and economic growth in WAEMU countries : an empirical approach using DOLS

Karabou, Franck Essosinam - In: Cogent economics & finance 12 (2024) 1, pp. 1-14

Investment, whatever its nature, is an indispensable channel for increasing economic growth. The aim of this paper is to empirically study the effect of institutional quality and investment on economic growth in WAEMU countries. The methodological approach is based on a dynamic panel model...

Persistent link: https://www.econbiz.de/10015193389

Exchange rates and trade balance in West African economy and monetary union countries : does the content of the traded goods matter?

Guidime, Camille Detondji; Diaw, Adama; Biao, Barthélémy - In: Cogent economics & finance 12 (2024) 1, pp. 1-14

This paper analyzes the role of the nature of traded goods in the effect of the real exchange rate on the trade balance in West African Economy and Monetary Union countries. Empirically, the estimation of the parameters of a distributed lag autoregressive model using the technique of dynamic...

Persistent link: https://www.econbiz.de/10015211233

The transmission mechanism of monetary policy in West African Economic and Monetary Union (WAEMU) : evidence from bank balance' sheet

Dieng, Ousmane; Sene, Babacar - In: Cogent economics & finance 12 (2024) 1, pp. 1-18

The objective of this research is to assess the effect of holding government securities on the credit channel, taking into account the heterogeneity of WAEMU banks' balance sheets. The methodology adopted to achieve this objective is VAR panel modelling, proposed by Abrigo and Love. The...

Persistent link: https://www.econbiz.de/10015394015

Food market integration in the West African Economic and Monetary Union (WAEMU) : a dynamic panel approach

Oloukoi, Laurent - In: Cogent economics & finance 12 (2024) 1, pp. 1-15

Our study examines the integration of food markets in West African Economic and Monetary Union (WAEMU) and assesses the role of bilateral trade. In this study, we hypothesize that each country has a market. We adopted the framework borrowed from Ravallion using a dynamic panel model. The...

Persistent link: https://www.econbiz.de/10015375629

Central African Economic and Monetary Community : Common Policies in Support of Member Countries Reform Programs-Staff Report; and Statement by the Executive Director

International Monetary Fund / African Dept - 2024

The CEMAC’s economy lost some momentum in 2023 and the external position deteriorated somewhat, while inflation cooled but remained high. Updated statistics revealed a much more deteriorated fiscal situation than originally estimated. The near-term outlook is one of continued recovery, with...

Persistent link: https://www.econbiz.de/10015080279