Burkina Faso: Recent Economic Developments

Publication Date:

August 22, 2000

Electronic Access:

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Summary:

During most of the 1980s, Burkina Faso followed a development strategy based on central planning and pervasive controls that resulted in large macroeconomic imbalances. The consumer price index in Burkina Faso is influenced not only by the supply of domestically produced foodstuff, mainly cereals, but also by the fixed exchange rate regime. Monetary policy is conducted within the framework of the West African Economic and Monetary Union. The reform strategy has revived the cotton sector. Both transportation and labor costs have been reduced for the cotton sector.

Series:

Country Report No. 2000/103

Subject:

English

Publication Date:

August 22, 2000

ISBN/ISSN:

9781451803716/1934-7685

Stock No:

1BFAEA0022000

Pages:

76

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