| Description |
1 online resource (16 pages) |
| Series |
IMF staff position note ; SPN/09/16 |
|
IMF staff position note ; SPN/09/16.
|
| Summary |
Most WAEMU countries are likely to see economic growth deteriorate over the next two years as a result of the global economic crisis, and some WAEMU countries will be more severely affected by the crisis than others. This could have a detrimental effect on efforts to reduce poverty. Deteriorating remittances and commodity export prices are projected to negatively affect the WAEMU countries' external current account deficit and reserves, although the impact should be cushioned by positive terms-of-trade shocks, such as declining import prices for food and fuel products. These developments should also help lower inflation pressures, bringing WAEMU inflation closer to its historical level of about 2 percent by 2010 |
| Notes |
Title from PDF title page (IMF Web site, viewed Apr. 3, 2012) |
| Bibliography |
Includes bibliographical references |
| Notes |
"Prepared by the African Department." |
|
"July 2, 2009." |
| Subject |
Global Financial Crisis, 2008-2009.
|
|
Financial crises -- Africa, West
|
|
Fiscal policy -- Africa, West
|
|
Monetary policy -- Africa, West
|
|
Financial crises.
|
|
Fiscal policy.
|
|
Monetary policy.
|
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West Africa.
|
| Form |
Electronic book
|
| Author |
Yackovlev, Irene, author.
|
|
Weisfeld, Hans, author.
|
|
International Monetary Fund. Research Department.
|
|
International Monetary Fund.
|
| ISBN |
9781589068773 |
|
1589068777 |
|
