West African Economic and Monetary Union (WAEMU): Selected Issues
IMF Staff Country Reports, April 4, 2016
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- West African Economic and Monetary Union (WAEMU): Selected Issues
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Bibliographic details
- Published: April 4, 2016
- Series: IMF Staff Country Reports
Main findings and scope
- Presents stylized facts on the quantitative and qualitative infrastructure gap in the West African Economic and Monetary Union (WAEMU).
- Estimates the efficiency of public investment and recommends how to improve it.
- Identifies an important common challenge for WAEMU countries: creating sufficient fiscal space to finance ambitious growth, development, and poverty-reduction programs in individual countries.
- Provides comparative evidence of the situation of WAEMU in several areas of financial development relative to groups of benchmark countries.
- Examines the state of inclusion in the WAEMU along three dimensions—poverty, income inequality, and gender inequality.
Policy recommendations and emphasis
- Recommends how to improve public investment efficiency (specific measures not listed on the landing page summary).
- Emphasizes the need to create sufficient fiscal space to finance ambitious growth, development, and poverty-reduction programs across WAEMU member countries.
Thematic coverage (subjects and keywords)
- Subjects: Expenditure, Financial markets, Financial sector development, Gender, Gender inequality, Public investment and public-private partnerships (PPP), Public investment spending, Revenue administration
- Keywords: CR, extent income, Financial sector development, Gender inequality, Global, investment, investment efficiency, ISCR, Public investment and public-private partnerships (PPP), Public investment spending, Sub-Saharan Africa, Waemu, WAEMU country, WAEMU growth, WAEMU member, West Africa
Content in this bundle
- _cr1698
- Union économique et monétaire ouest-africaine; Rapport du FMI No. 16/98; 3 mars 2016