Ce document analyse la persistance de la fragilite dans certains pays d'Afrique subsaharienne et la coexistence de multiples dimensions de la faiblesse de l'Etat. L'etude passe egalement en revue les caracteristiques de la fragilite, et ses liens avec les conflits et l'action internationale en...

The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies on that literature, too, it tailors its discussion to SSA countries to respond to...

The integration of financial markets around the world over the past decade has posed new challenges for policymakers. The speed with which money can be switched in and out of currencies and countries has increased with the efficiency of global communications, considerably shortening the time...

Analyzes the costs and benefits of full dollarization, or the adoption by one country of another country’s currency. Potential advantages include lower borrowing costs and deeper integration into world markets. But countries lose the ability to devalue, and become dependent on the U.S....