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West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries

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  • International Monetary Fund

Abstract

Military coups that occurred in Guinea-Bissau and Mali caused economic disruption in the WAEMU countries. Regional policies have been in line with the recommendations, and growth is expected to remain robust, risks are on the downside, and the macroeconomic policy is appropriate. Preserving debt sustainability and stability of the Union in the medium term requires better coordination of fiscal policies. Development of the financial system, and strengthening of the regulatory and supervisory framework is necessary to address existing and new risks.

Suggested Citation

  • International Monetary Fund, 2013. "West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries," IMF Staff Country Reports 2013/092, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2013/092
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    References listed on IDEAS

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    1. Lars Peter Hansen, 2013. "Challenges in Identifying and Measuring Systemic Risk," NBER Chapters, in: Risk Topography: Systemic Risk and Macro Modeling, pages 15-30, National Bureau of Economic Research, Inc.
    2. Lars Peter Hansen, 2013. "Challenges in Identifying and Measuring Systemic Risk," NBER Chapters, in: Risk Topography: Systemic Risk and Macro Modeling, pages 15-30, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Higgins, Nathaniel & Hintermann, Beat & Brown, Molly E., 2015. "A model of West African millet prices in rural markets," Food Policy, Elsevier, vol. 52(C), pages 33-43.
    2. International Monetary Fund, 2014. "West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries," IMF Staff Country Reports 2014/084, International Monetary Fund.

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