Journal Special Issue
The CFA Franc Zone 10 Years After Devaluation

Members of the CFA-zone enjoy currency convertibility, fiscal and monetary policies which are more prudent than SSA as a whole, and a large amount of financial and technical assistance. These advantages do not appear, however, to have resulted in more rapid economic and human development in the CFA-zone and CFA countries in the Sahel face major structural handicaps. This project aims to understand why CFA-zone performance has been disappointing given the advantages enjoyed by the region, and will devise policy recommendations to improve longer-term development.