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Author :
Release : 2005
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Introducing the Euro as Legal Tender - Benefits and Costs of Eurorization for Cape Verde by :
Download or read book Introducing the Euro as Legal Tender - Benefits and Costs of Eurorization for Cape Verde written by . This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Patrick A. Imam
Release : 2009-07-01
Genre :
Kind : eBook
Book Rating : 934/5 ( reviews)
Book Synopsis Introducing the Euro as Legal Tender - Benefits and Costs of Eurorization for Cape Verde by : Patrick A. Imam
Download or read book Introducing the Euro as Legal Tender - Benefits and Costs of Eurorization for Cape Verde written by Patrick A. Imam. This book was released on 2009-07-01. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, recommendations for countries to unilaterally dollarize/eurorize have become common, particularly when the countries lack economic credibility. After exploring the characteristics of dollarizing/eurorizing economies, we look at the merits and costs of unilateral eurorization for Cape Verde, a highly tourism based economy that has become increasingly integrated into the euro-zone area and that has a strong macroeconomic track record. We illustrate that neither the benefits nor the costs of unilateral eurorization are large and conclude that there is no compelling case to change the current exchange rate arrangement at this point in time. Econometrically, we assess the characteristics of dollarized economies and demonstrate that few of them apply to Cape Verde, further confirming that Cape Verde does not fit the pattern of most dollarizing countries.
Author : Patrick A. Imam
Release : 2009
Genre : Electronic books
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis IMF Working Papers by : Patrick A. Imam
Download or read book IMF Working Papers written by Patrick A. Imam. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Céline Allard
Release : 2017-05-09
Genre : Business & Economics
Kind : eBook
Book Rating : 932/5 ( reviews)
Book Synopsis Regional Economic Outlook, April 2017, Sub-Saharan Africa by : Céline Allard
Download or read book Regional Economic Outlook, April 2017, Sub-Saharan Africa written by Céline Allard. This book was released on 2017-05-09. Available in PDF, EPUB and Kindle. Book excerpt: Growth momentum in sub-Saharan Africa remains fragile, marking a break from the rapid expansion witnessed since the turn of the millennium. 2016 was a difficult year for many countries, with regional growth dipping to 1.4 percent—the lowest level of growth in more than two decades. Most oil exporters were in recession, and conditions in other resource-intensive countries remained difficult. Other nonresource-intensive countries however, continued to grow robustly. A modest recovery in growth of about 2.6 percent is expected in 2017, but this falls short of past trends and is too low to put sub-Saharan Africa back on a path of rising living standards. While sub-Saharan Africa remains a region with tremendous growth potential, the deterioration in the overall outlook partly reflects insufficient policy adjustment. In that context, and to reap this potential, strong and sound domestic policy measures are needed to restart the growth engine.
Author : International Monetary Fund. African Dept.
Release : 2012-05-14
Genre : Business & Economics
Kind : eBook
Book Rating : 555/5 ( reviews)
Book Synopsis Regional Economic Outlook, April 2012, Sub-Saharan Africa by : International Monetary Fund. African Dept.
Download or read book Regional Economic Outlook, April 2012, Sub-Saharan Africa written by International Monetary Fund. African Dept.. This book was released on 2012-05-14. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa continues to record strong economic growth, despite the weaker global economic environment. Regional output rose by 5 percent in 2011, with growth set to increase slightly in 2012, helped by still-strong commodity prices, new resource exploitation, and the improved domestic conditions that have underpinned several years of solid trend growth in the region's low-income countries. But there is variation in performance across the region, with output in middle-income countries tracking more closely the global slowdown and with some sub-regions adversely affected, at least temporarily, by drought. Threats to the outlook include the risk of intensified financial stresses in the euro area spilling over into a further slowing of the global economy and the possibility of an oil price surge triggered by rising geopolitical tensions.
