West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries
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Summary:
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.
Series:
Country Report No. 2012/059
Subject:
Banking Economic integration Expenditure Fiscal policy Fiscal stance Inflation Prices Public debt Regional integration
Notes:
English
Publication Date:
March 22, 2012
ISBN/ISSN:
9781475502428/1934-7685
Stock No:
1WAUEA2012001
Pages:
70
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