IMF Staff Country Reports

West African Economic and Monetary Union (WAEMU) : Recent Economic Developments and Regional Policy Issues in 2000

Author/Editor:

International Monetary Fund

Publication Date:

November 5, 2001

Electronic Access:

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Summary:

There has been a marked deterioration in the economic and financial performance of the West African Economic and Monetary Union (WAEMU) as a whole. These developments reflected unfavorable terms of trade, political conflicts in certain countries, and a weakening of adjustment policies. Progress needs to be made in achieving fiscal consolidation and macroeconomic convergence among WAEMU member countries. It would be important to achieve a greater integration of the WAEMU region's money and financial markets.

Series:

Country Report No. 01/193

Subject:

Benin Burkina Faso Economic conditions Guinea-Bissau Mali Niger Senegal Togo West African Economic and Monetary Union