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Publications (19)
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– The Case of the Ministry of Social Development in Africa
Part of Journal Special Issue
Aid, Social Policy and Development
Working Paper
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This paper develops a model of opportunistic behaviour in which an incumbent government resort to expansionary fiscal and/or monetary stimuli to foster economic growth and thus, maximize the probability of re-election. Using a panel dataset of 51 African countries covering the period 1980 to 2012...
Research Brief
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An increase of education aid by one per cent increases the rate of primary education enrolment by 0.06 percentage points. The most robust effect on primary enrolment is obtained by aid to the category ‘education facilities and training’. High levels of education aid in the last decades concentrating...
Working Paper
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– Drivers, Lessons and Shifts in the Engagement of the Brazilian Ministry of Social Development
The Brazilian Ministry of Social Development’s co-operation with sub-Saharan Africa has shifted from an initial engagement in cash transfers to a recent engagement in food and nutritional security. This paper aims at understanding the main drivers for such shift considering lessons drawn from first...
Working Paper
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– an Analysis of Aid Effectiveness for Primary Education Coverage and Quality
This paper examines the effect of education aid on primary enrollment and education quality. Using the most recent data on aid disbursements and econometric specifications inspired by the general aid effectiveness literature, we find some evidence that donors’ increase in funding has substantially...
Policy Brief
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– L’Expérience Africaine Peut-Elle Inspirer la Banque Centrale Européenne
Les 14 pays membres de la zone franc en Afrique de l'Ouest et en Afrique centrale constituent - avec plusieurs décennies d'avance sur l'Union monétaire européenne - la plus importante union monétaire de l'hémisphère austral. Face à la perspective de création, à court terme, de nouvelles unions...
Policy Brief
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The 14-member Franc Zone in West and Central Africa represents the largest monetary union in the southern hemisphere, predating the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future, Macroeconomic Policy in the Franc Zone focuses on some of...
The fourteen members of the African CFA Franc Zone represent the largest monetary unions in the southern hemisphere, predating the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future, this book focuses on some of the key challenges facing the...
Book Chapter
From the book:
Macroeconomic Policy in the Franc Zone
Book Chapter
From the book:
Macroeconomic Policy in the Franc Zone
Book Chapter
From the book:
Macroeconomic Policy in the Franc Zone
Working Paper
pdf
– A West African Example
We construct a structural macroeconometric model for member states of the West African Economic and Monetary Union. Fitting this model to annual and quarterly time series data allows us to identify the channels through which macroeconomic innovation in one country impact on other countries in the...
Working Paper
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In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence profiles of different kinds, in order to identify...
Working Paper
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– Estimating Interest Rate Rules for the BCEAO
This paper examines to what extent the central bank for the West African Economic and Monetary Union (BCEAO) has used interest rate policy in response to domestic economic developments. We show that while in the long run the BCEAO matches changes in French (Eurozone) interest rates one for one, in...
Working Paper
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This paper brings out that poverty increased massively in the wake of the 1994 devaluation of the CFA franc, despite a significant recovery of economic growth. Although this increase affected all the social groups, it fell mostly on the urban poor. An analytical model is presented, which explains...
Displaying 16 of 19 results