Aftermath of the CFA Franc Devaluation

Aftermath of the CFA Franc Devaluation

Developments in the countries of the CFA franc zone in the aftermath of the January 1994 devaluation of the CFA franc are reviewed in this paper. Following a summary of the new adjusment strategy, the papers describes the progress made and the difficulties encountered during 1994 and early 1995 in i...

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Bibliographische Detailangaben
1. Verfasser: Clément, Jean A
Format: Buch
Sprache:eng
Schlagworte:
Africa, French-speaking Equatorial
Africa, French-speaking West
Devaluation of currency
Frankofones Afrika
Französischer Franc
French franc area
Monetary policy
Wechselkurspolitik
Währungsunion
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Beschreibung
Zusammenfassung:Developments in the countries of the CFA franc zone in the aftermath of the January 1994 devaluation of the CFA franc are reviewed in this paper. Following a summary of the new adjusment strategy, the papers describes the progress made and the difficulties encountered during 1994 and early 1995 in implementing the programs supported by use of IMF resources
DOI:10.5089/9781557755612.084