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Franc Zone, economic growth and poverty reduction
[Zone franc, croissance économique et pauvreté]

Author

Listed:
  • Sosso Feindouno

    (FERDI - Fondation pour les Etudes et Recherches sur le Développement International)

  • Samuel Guérineau

    (École d'économie - Clermont Auvergne - UCA [2017-2020] - Université Clermont Auvergne [2017-2020], CERDI - Centre d'Études et de Recherches sur le Développement International - UCA [2017-2020] - Université Clermont Auvergne [2017-2020] - CNRS - Centre National de la Recherche Scientifique)

  • Patrick Guillaumont

    (FERDI - Fondation pour les Etudes et Recherches sur le Développement International)

  • Sylviane Guillaumont Jeanneney

    (FERDI - Fondation pour les Etudes et Recherches sur le Développement International)

  • Patrick Plane

    (CERDI - Centre d'Études et de Recherches sur le Développement International - UCA [2017-2020] - Université Clermont Auvergne [2017-2020] - CNRS - Centre National de la Recherche Scientifique)

Abstract

Econometric analysis of the long term consequences of Zone franc membership for economic growth and poverty reduction in African member countries let evidence two main conclusions. First the possible costs linked to rate of exchange fixity seem limited. Second the benefits linked to monetary stability, while they have not been significant as for the economic growth of member countries, have been so for poverty reduction, meaning a more inclusive growth in Franc Zone.

Suggested Citation

  • Sosso Feindouno & Samuel Guérineau & Patrick Guillaumont & Sylviane Guillaumont Jeanneney & Patrick Plane, 2019. "Franc Zone, economic growth and poverty reduction [Zone franc, croissance économique et pauvreté]," Post-Print hal-02535105, HAL.
    • Handle: RePEc:hal:journl:hal-02535105
    Note: View the original document on HAL open archive server: https://hal.science/hal-02535105
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