A notable contrast in modern economic history has been the rapid economic growth of China and the slower and volatile economic growth in Sub-Saharan Africa. As the engagement between the two continues to grows, there will be a greater cross-fertilization of experiences. Total factor productivity...

This book provides an empirical analysis of economic and political structures impacting the CFA franc zone. Concise and practical chapters explore the history of the CFA franc zone, challenges to development, geopolitical issues, the importance of flexible exchanges rates, growth trends, and the...

1. Introduction -- 2. GEMINI model -- 3. The dramatic rise of China -- 4. The emergence of India -- 5. The Latin American trifecta -- 6. The volatile oil economies -- 7. Other emerging economies -- 8. Growth: different speeds -- 9. Equity: is human developments in emerging markets getting better...

China’s economic ascendance over the past two decades has generated ripple effects in the world economy. Its search for natural resources to satisfy the demands of industrialization has led it to Sub-Saharan Africa. Trade between China and Africa in 2006 totaled more than $50 billion, with...

1. The Context -- 2. The Institutional Arrangements that Govern the Zone -- 3. History of the CFA Zone -- 4. The Macron and Ouattara Reform of the CFA -- 5. The Problem with the CFA Zone -- 6. Reforming and Modernizing the Zone with Currency Flexibility -- 7. The Roadmap for a Better Future --...

A notable contrast in modern economic history has been the rapid economic growth of China and the slower and volatile economic growth in Sub-Saharan Africa. As the engagement between the two continues to grows, there will be a greater cross-fertilization of experiences. Total factor productivity...