Departmental Papers / Policy Papers

Macro-Financial Linkages in Shallow Markets : Experience from the African Department’s Pilot Countries

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

July 23, 2018

Electronic Access:

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Summary:

This paper assesses and disseminates experiences and lessons from low-income countries (LICs) in Sub-Saharan Africa that were selected by the Africa Department in 2015-16 as pilots for enhanced analysis of macro-financial linkages in Article IV staff reports. The paper focuses on the common characteristics across the pilot countries and highlights the tools used in the analysis, the challenges encountered, and the solutions deployed in overcoming them.

Series:

Departmental Paper No.18/12

Subject:

Financial inclusion Financial markets Financial risk Low income countries Sub-Saharan Africa