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West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries

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  • International Monetary Fund

Abstract

The staff report on discussions with regional institutions of the West African Economic and Monetary Union is presented. The region faced a number of challenges in 2011, with the intensification of the political crisis in Côte d’Ivoire and a large increase in global food and fuel prices. A materialization of downside risks could require a monetary policy relaxation for the union and differentiated fiscal responses across member countries. The drought in the Sahel may also require a more active fiscal policy in the affected countries.

Suggested Citation

  • International Monetary Fund, 2012. "West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries," IMF Staff Country Reports 2012/059, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2012/059
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=25785
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    References listed on IDEAS

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    1. Issa Faye & Thorsten Beck & Thouraya Triki & Samuel Munzele Maimbo, 2011. "Financing Africa : Through the Crisis and Beyond," World Bank Publications - Books, The World Bank Group, number 2355, April.
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    Cited by:

    1. Mame Astou Diouf & Mr. Francois Boutin-Dufresne, 2012. "Financing Growth in the WAEMU Through the Regional Securities Market: Past Successes and Current Challenges," IMF Working Papers 2012/249, International Monetary Fund.

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