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Alors que des études antérieures ont exploré la relation entre l'inflation et la croissance économique, la littérature existante sur l'effet de seuil de l'inflation sur la croissance économique dans la Zone Monétaire de l'Afrique de l'Ouest (ZMAO) suppose principalement une association...
Persistent link: https://www.econbiz.de/10014427485
While previous studies have explored the relationship between inflation and economic growth, the existing literature on threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear association, neglecting the possibility of...
Persistent link: https://www.econbiz.de/10014287909
This study examines the effects of bilateral exchange rate on trade flows in the WAMZ and assesses the role of complementarity trade structures in enhancing intra-WAMZ trade. The modified gravity model is used to assess whether efforts by WAMZ countries to facilitate transactions in national...
Persistent link: https://www.econbiz.de/10014481096
Achieving fiscal convergence between countries of a monetary union helps in the design and implementation of policies to strengthen macroeconomic convergence, which mitigates the contagion effects of macroeconomic instability and ensures the long-term viability of the proposed union. This paper...
Persistent link: https://www.econbiz.de/10014234407
Achieving fiscal convergence between countries of a monetary union helps in the design and implementation of policies to strengthen macroeconomic convergence, which mitigates the contagion effects of macroeconomic instability and ensures the long-term viability of the proposed union. This paper...
Persistent link: https://www.econbiz.de/10013342773
This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the ECOWAS (WAEMU and WAMZ) region from 1996-2022. Although there is large empirical literature on this subject, however, previous studies generally focused on exogenous approaches of determining...
Persistent link: https://www.econbiz.de/10015193850
This study presents novel empirical evidence on the optimal disaggregated public debt-growth threshold in the WAMZ over the period 1996-2022. Determining the public debt-growth threshold in a disaggregated form is crucial for macroeconomic policy measures in the region to curb high public debt...
Persistent link: https://www.econbiz.de/10015045364
While the relationship between inflation and relative price variability (RPV) has been widely investigated in developed and emerging market economies because of its direct relevance to monetary policy implementation, research has neglected this linkage in most developing countries especially in...
Persistent link: https://www.econbiz.de/10014234366
This paper explores the macroeconomic implications of the COVID-19 pandemic in the WAMZ and discusses measures that could be employed to mitigate the adverse economic effects of the pandemic to preserve the gains already achieved towards regional integration. It identifies the channels through...
Persistent link: https://www.econbiz.de/10013348471
The increasing uncertainties about the evolving pattern of the novel COVID-19 virus in the absence of a vaccine and the dampening economic effects associated with the containment measures, which have triggered a sharp fall in global commodity prices have raised concerns among policymakers in the...
Persistent link: https://www.econbiz.de/10013348493