## West African Economic and Monetary Union (WAEMU): Selected Issues

_IMF Staff Country Reports, April 4, 2016_

## Source details

**Canonical URL:** [West African Economic and Monetary Union (WAEMU): Selected Issues](https://www.imf.org/en/publications/cr/issues/2016/12/31/west-african-economic-and-monetary-union-waemu-selected-issues-43842)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/west-african-economic-and-monetary-union-waemu-selected-issues-43842/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/west-african-economic-and-monetary-union-waemu-selected-issues-43842/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/west-african-economic-and-monetary-union-waemu-selected-issues-43842/bundle-manifest.json)

## Bibliographic details
- Published: April 4, 2016
- Series: IMF Staff Country Reports

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### 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

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## Content in this bundle

- **_cr1698**
  - [_cr1698 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr1698.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr1698 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr1698.pdf){rel="external" type="application/pdf"}
- **Union économique et monétaire ouest-africaine; Rapport du FMI No. 16/98; 3 mars 2016**
  - [Union économique et monétaire ouest-africaine; Rapport du FMI No. 16/98; 3 mars 2016 (Markdown version)](/-/media/websites/imf/imported-publications/external/french/pubs/ft/scr/2016/_cr1698f.pdf.md){rel="alternate" type="text/markdown"}
  - [Union économique et monétaire ouest-africaine; Rapport du FMI No. 16/98; 3 mars 2016 (PDF)](/-/media/websites/imf/imported-publications/external/french/pubs/ft/scr/2016/_cr1698f.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/west-african-economic-and-monetary-union-waemu-selected-issues-43842_