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Burkina Faso: Recent Economic Developments

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  • International Monetary Fund

Abstract

During most of the 1980s, Burkina Faso followed a development strategy based on central planning and pervasive controls that resulted in large macroeconomic imbalances. The consumer price index in Burkina Faso is influenced not only by the supply of domestically produced foodstuff, mainly cereals, but also by the fixed exchange rate regime. Monetary policy is conducted within the framework of the West African Economic and Monetary Union. The reform strategy has revived the cotton sector. Both transportation and labor costs have been reduced for the cotton sector.

Suggested Citation

  • International Monetary Fund, 2000. "Burkina Faso: Recent Economic Developments," IMF Staff Country Reports 2000/103, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2000/103
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    Cited by:

    1. Calves, Anne-Emmanuele & Schoumaker, Bruno, 2004. "Deteriorating Economic Context and Changing Patterns of Youth Employment in Urban Burkina Faso: 1980-2000," World Development, Elsevier, vol. 32(8), pages 1341-1354, August.

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