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An overview of the Nigerian economy is presented in this report by examining key macroeconomic indicators, external sector performance and key domestic sector performance in 2016Q2. The evidence presented shows that the internal and external sector …
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The central banks of large and emerging market economies have recently gone through a period of extraordinary expansion of balance sheets. Currently, they are all now possibly facing a transition to less abnormal times. The fact that one group, howe…
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This paper presented a framework of economic policy formulation in Senegal from 1960 to 2012, with special emphasis on the years from 2000. Political, social and economic objectives of these policies are identified. Subsequently, the role of the st…
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While being located in a heterogeneous monetary union, this paper analyzed the effects of the coordination related to the type of mode of co-operation in the countries of zone CFA. The analysis was carried out using a N country model of coordination…
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Since the aftermath of the global financial crisis, 2015 can be regarded as one of the worst years for world trade, with figures exhibiting a decline of almost 14% in dollar value terms. In fact, world trade volumes have lagged behind GDP growth sin…
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The aim of this research was to propose a macroeconomic model of Senegal that was to provide a theoretical framework for the Senegalese economy and to give the authorities more visibility on the effectiveness of different economic policies they woul…
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In this paper, the author seeks to discuss the conduct of monetary policy in an inflation targeting framework. The objective is to understand structural and institutional nuances in settings where this framework is successful in controlling inflatio…
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Zimbabwe’s economic meltdown remains an enormous challenge affecting citizens from all walks of life. The government’s 2009 introduction of various foreign currencies was welcomed by many Zimbabweans who, after years of hyperinflation, witnessed a…
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Input-output tables provide a rich source of information about the structure of economies that is not available from other frameworks. In addition to providing key information for the analysis of linkages between activities (and regions), the tables…
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This article proposes, as a first step, a review of the analytical literature and recent empirical evidence of potential gains and costs associated with financial integration as well as economic policy issues created or exacerbated by this integrati…
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The naira exchange rate depreciation and volatility is among the vast macroeconomic maladjustments which have unfolded in the Nigerian economy in the recent past. This paper therefore, investigates the determinants of real exchange rate volatility i…
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In this study it is tried to uncover the determinants of recent inflationary pressures in Ethiopia. In particular, the study used both simple descriptive analysis as well as rigorous parametric analysis to trace the relationship between inflation an…
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Zimbabwe’s economy continues to struggle. The much-anticipated economic growth and stability in the ‘new dispensation’ remain elusive and ordinary citizens continue to bear the brunt of the economic plunge. This report analyses key economic challen…
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This policy brief examines the primary cause of the exchange rate policy failure in Nigeria by evaluating the motivating factor for exchange rate regime changes in the country and reviewing the role of politics and interest groups in the Nigerian ex…
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Prices of nearly all industrial and precious metals have been on a downward trend for several months. A tightening US monetary policy and the subsequent dollar appreciation partly explain this trajectory, but it is above all the mounting global macr…
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Prices of nearly all industrial and precious metals have been on a downward trend for several months. A tightening US monetary policy and the subsequent dollar appreciation partly explain this trajectory, but it is above all the mounting global macr…
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Morocco has moved towards a more flexible exchange rate system, by widening its currency fluctuation bands to +/- 2.5% around a central price. This transition will, in time, equip the Moroccan economy with a macroeconomic instrument acting as a shoc…
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Morocco has moved towards a more flexible exchange rate system, by widening its currency fluctuation bands to +/- 2.5% around a central price. This transition will, in time, equip the Moroccan economy with a macroeconomic instrument acting as a shoc…
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"This paper attempts to evaluate the recent moves to decentralize fiscal powers to the regions to see to what extent they can affect the conditions for macroeconomic management in the country, given the ongoing economic reform programme that emphas…
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"Macroeconomic stabilization and structural adjustment measures have been taken since October 1992 involving an exchange route adjustment and new fiscal and monetary policies as major components. The new investment, labor and public enterprise laws …
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