Exchange rate liberalization in selected sub-Saharan African countries successes, failures, and lessons /
"Many sub-Saharan African (SSA) countries liberalized their economies in the 1980s and early 1990s. This paper reviews the foreign exchange regime reforms in selected SSA, and their associated macroeconomic policies and economic performance during and after these reforms were undertaken. Before...
| Основни автори: | M©Œhle, Nils ©yvind, (Author), Teferra, Haimanot, (Author), Khachatryan, Armine, (Author) |
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| Формат: | Електронен |
| Език: | English |
| Публикувано: |
[Washington, D.C.] :
International Monetary Fund,
℗♭2013.
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| Серия: |
IMF working paper ;
WP/13/32. |
| Предмети: | |
| Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=548049 |
| Резюме: |
"Many sub-Saharan African (SSA) countries liberalized their economies in the 1980s and early 1990s. This paper reviews the foreign exchange regime reforms in selected SSA, and their associated macroeconomic policies and economic performance during and after these reforms were undertaken. Before liberalization, most of the reviewed countries were characterized by extensive foreign exchange rationing, sizeable black market premiums, and declining per capita real income. Today, the countries that successfully reformed look markedly different. Rationing and parallel market spreads are a distant memory, and per capita income has increased sharply"--Abstract. |
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| Описание на библ. документ: |
Title from PDF title page (IMF Web site, viewed Feb. 5, 2013). "African Department"--Page 2 of pdf. "January 2013"--Page 2 of pdf. |
| Физически характеристики: |
1 online resource (71 pages) : color illustrations. |
| Библиография: |
Includes bibliographical references (62-70). |
| ISBN: |
9781475524895 1475524897 |