| Description |
1 online resource (71 pages) : color illustrations |
| Series |
IMF working paper ; WP/13/32 |
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IMF working paper ; WP/13/32.
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| Contents |
Cover; Contents; I. Background and Overview; A. Background; Tables; 1. Parallel Market Premiums in Selected Countries; Figures; 1. Real GDP per Capita, 1970-2010; B. Overview and Main Lessons; Box; 1. Overview of the Case Studies; II. Ghana: Decline, Adjustment, and Sustained Recovery with Moderate Inflation; 2. Ghana: Real GDP per Capita, 1970-83; 3. Ghana: Parallel Market Spread, 1980-90; 4. Ghana: Real Effective Exchange Rate, 1980-95; 5. Ghana: Real GDP per Capita, 1984-2010; 6. Ghana: External Trade and Reserve Coverage, 1980-95; 7. Ghana: Inflation, 1981-95 |
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8. Ghana: Broad Money Growth, 1981-959. Ghana: Nominal and Real Interest Rates, 1981-95; 10. Ghana: The Official Parallel Exchange Rate, 1980-90; 11. Ghana: The CPI and the Official Exchange Rate, 1980-90; III. Kenya: Gradual Liberalization but Growth Recovery not Sustained; 12. Ghana: Fiscal Developments, 1980-1995; 13. Kenya: Inflation and Parallel Market Spread, 1986-98; 14. Kenya: The Official and the Parallel Market Rate, 1986-98; 15. Kenya: Fiscal and Monetary Developments, 1986-98; 16. Kenya: Nominal and Real Interest Rates, 1986-98 |
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17. Kenya: External Trade and Reserve Coverage,1986-98IV. Malawi: Reverting Back to a Controlled Exchange Rate Regime; 18. Malawi Exchange Regime History, 1990-2010; 2. Regional Comparision Selected Indicators; 19. Malawi and Comparators: Real Effective Exchange Rates, 1990-2010; 20. Malawi and Comparators: International Reserve Coverage, 1980-2010; 21. Malawi: Parallel Market Spread, 1975-94; 22. Malawi: Real GDP per Capita, 1975-94; 23. Malawi: The CPI and the Exchange Rate, 1990-2002; 24. Malawi: Fiscal and Monetary Developments, 1990-2002 |
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25. Malawi: The Real Effective Exchange Rate and Reserves, 1990-200026. Malawi: Parallel Market Spread, 1994-98; 27. Malawi: Nominal and Real Interest Rates, 1990-2010; 28. Malawi: The CPI and the Exchange Rate, 2002-10; 29. Malawi: Money Velocity and Inflation, 1990-2010; 30. Malawi: Fiscal and Monetary Developments, 2002-10; 31. Malawi: Nonfood Inflation and the Exchange Rate, 2002-06; 32. Malawi: Real GDP per Capita, 1995-2010; V. Mozambique: from Civil War to Sustained High Growth; 33. Mozambique: Real GDP per Capita, 1970-2010; 34. Mozambique: Offical Exchange Rate, 1985-2000 |
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35. Mozambique: Inflation, 1985-200036. Mozambique: Fiscal and Monetary Developments, 1985-2000; 37. Mozambique: Goods and Services Exports 1980-2010; 38. Mozambique: External Trade and Reserve Coverage 1985-2000; VI. Tanzania: Fundamental Reforms leading to High Growth and Low Inflation; 39. Tanzania: Real GDP per Capita, 1970-85; 40. Tanzania: External Trade and Reserve Coverage, 1970-85; 41. Tanzania: Real GDP per Capita, 1985-2010; 42. Tanzania: External Trade and Reserve Coverage, 1985-2010; 43. Tanzania: Parallel Market Exchange Rate Spread, 1980-86; 44. Tanzania: Inflation 1981-86 |
| Summary |
"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 |
| Notes |
Title from PDF title page (IMF Web site, viewed Feb. 5, 2013) |
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"African Department"--Page 2 of pdf |
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"January 2013"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references (62-70) |
| Subject |
Foreign exchange rates -- Africa, Southern
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Economic development -- Africa, Southern
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Structural adjustment (Economic policy) -- Africa, Southern
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BUSINESS & ECONOMICS -- Banks & Banking.
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Economic development
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Economic history
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Foreign exchange rates
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Structural adjustment (Economic policy)
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| SUBJECT |
Africa, Southern -- Economic conditions -- 1994-
http://id.loc.gov/authorities/subjects/sh00008161
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| Subject |
Southern Africa
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| Form |
Electronic book
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| Author |
Teferra, Haimanot, author.
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Khachatryan, Armine, author.
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International Monetary Fund. African Department, issuing body.
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| ISBN |
9781475524895 |
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1475524897 |
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9781557756695 |
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1557756694 |
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9781616350468 |
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1616350466 |
| ISSN |
2227-8885 |
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