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...
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge, UK ; New York :
Cambridge University Press,
2007.
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| Subjects: | |
| Online Access: | CONNECT |
Table of Contents:
- Introduction and overview
- pt. I. Unrecorded trade in goods and currencies
- The welfare implications of unrecorded cross-border trade
- Parallel trade and currency convertibility
- pt. II. Foreign exchange constraints
- Dollars for sale : inflation and the black market premium
- The public debt constraint in the CFA zone
- Currency crises, food, and the "Cola nut" effect
- pt. III. Longer-term growth in African countries
- Exchange rate, growth, and poverty
- Export crops, human capital, and endogenous growth
- Ethnic rents and the politics of redistribution.
