Trade, exchange rate, and growth in sub-Saharan Africa /
In this sophisticated yet accessible analysis of the open economies of Sub-Saharan Africa, Jean-Paul Azam analyses international trade, exchange rate issues, and longer-term growth, taking due account of the distinctive features of African economies. In particular, he examines the informal as well a...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Cambridge, UK ; New York :
Cambridge University Press,
2007.
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Temas: | |
Acceso en línea: | Texto completo |
Sumario: | In this sophisticated yet accessible analysis of the open economies of Sub-Saharan Africa, Jean-Paul Azam analyses international trade, exchange rate issues, and longer-term growth, taking due account of the distinctive features of African economies. In particular, he examines the informal as well as the formal institutional frameworks which prevail in different African countries and which affect their macroeconomic behaviour. Key issues explored include tariffs and quotas, membership of the CFA Zone, and currency convertibility or inconvertibility, as well as smuggling, corruption, parallel markets in goods and currencies, ethnic diversity and redistribution. Case studies of important macroeconomic events are used to establish basic stylized facts from which the theory emerges, and special attention is paid to the consequences of macroeconomic events for the poor, via the food market or traditional redistribution mechanisms. |
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Descripción Física: | 1 online resource (xvii, 261 pages) : illustrations |
Bibliografía: | Includes bibliographical references (pages 240-254) and index. |
ISBN: | 9780511257599 0511257597 0511257112 9780511257117 9780511618338 0511618336 9780521865364 0521865360 9786610709953 6610709955 1107169852 9781107169852 1280709952 9781280709951 0511256043 9780511256042 0511319770 9780511319778 0511256612 9780511256615 |