This paper presents an overview of the evolution of exchange-rate regimes in Africa and then attempts to assess empirically the impact of exchange-rate policy on manufactured export performance on a panel of major Sub-Saharan Africa countries over the 1970-92 period. We examine the impact of...

The papers in this volume address three important issues: the role ofexchange-rate policy in enhancing the competitiveness of African manufactured exports; the steps that can be taken to improve productionefficiency; and the role of institutional and structural reforms in promoting...

Intro -- Contents -- Acknowledgments -- Authors and Contributors -- Abbreviations -- Foreword -- 1. Fiscal Policy and Economic Growth in Europe and Central Asia: An Overview -- Do Government Size and Fiscal Deficits Matter for Economic Growth? -- How Can Governments Improve the Efficiency of...