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Monetary and Fiscal Actions: A Test of Their Relative Importance in Economic Stabilization in Tanzania

"This study has assessed the potency of monetary and fiscal actions in economic stabilisation in the Tanzanian Economy. The analysis used both statistical and econometric procedures. It has been found from statistical analysis that monetary and f…

Economic Liberalization, Monetary Policy and Money Demand in Rwanda: 1980–2005

"The objective of this study was to estimate a long and short run money demand function in the Rwandan economy. Using the Johansen approach, this paper established that there was a stable long-run equilibrium relationship between the demand for re…

Financing the Economic Stabilization and Growth Programme (Zambia Plus) in the Shadow of the IMF

This policy paper was prompted by a protracted deliberation between the Zambian Government and the International Monetary Fund (IMF) regarding a Fund-supported economic programme. The Zambian authorities began contemplating an IMF “bailout package…

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