Regional Impact of Cote D'Ivoire'S Sociopolitical Crisis: An Assessment

Author/Editor:

Dorothy Engmann ; Ousmane Dore ; Benoít Anne

Publication Date:

April 1, 2003

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper evaluates the impact of the sociopolitical crisis in Côte d'Ivoire on the economies of its neighbors. Using a nonsubjective weighted index of regional instability in cross-country time-series regressions, it shows that the increase in regional instability caused by domestic instability in Côte d'Ivoire had a negative effect on the growth performance of its most direct neighbors, but no significant effect on the subregion as a whole including the West African Economic and Monetary Union (WAEMU). The paper also examines the channels through which such spillover effects took place.

Series:

Working Paper No. 2003/085

Subject:

Balance of payments Expenditure Exports Foreign direct investment Imports International trade National accounts Private investment

English

Publication Date:

April 1, 2003

ISBN/ISSN:

9781451850772/1018-5941

Stock No:

WPIEA0852003

Pages:

36

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