Aftermath of the CFA Franc Devaluation
AbstractDevelopments in the countries of the CFA franc zone in the aftermath of the January 1994 devaluation of the CFA franc are reviewed in this paper. Following a summary of the new adjusment strategy, the papers describes the progress made and the difficulties encountered during 1994 and early 1995 in implementing the programs supported by use of IMF resources.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Occasional Papers with number 138.
Date of creation: 18 Jun 1996
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- International Monetary Fund, 2007. "Implications of Oil Inflows for Savings and Reserve Management in the CEMAC," IMF Working Papers 07/243, International Monetary Fund.
- Tandian, Dieynaba, 1998. "Les suites de la dévaluation du franc CFA de janvier 1994," L'Actualité Economique, Société Canadienne de Science Economique, vol. 74(3), pages 561-581, septembre.
- Shatz, Howard J. & Tarr, David G., 2000. "Exchange rate overvaluation and trade protection - lessons from experience," Policy Research Working Paper Series 2289, The World Bank.
- Magnus Saxegaard, 2006. "Excess Liquidity and the Effectiveness of Monetary Policy: Evidence from Sub-Saharan Africa," IMF Working Papers 06/115, International Monetary Fund.
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