Aftermath of the CFA Franc Devaluation: Occasional Paper No. 138

Aftermath of the CFA Franc Devaluation: Occasional Paper No. 138
Автор
 
Год
 
Страниц
 
87
ISBN
 
1557755612
Издатель
 
Harvard University Asia Center
Категория
 
Валюта

Содержание:

Introduction: The Austrian Theory in Perspective, The "Austrian" Theory of the Trade Cycle, Money and the Business Cycle, Economic Depressions: Their Cause and Cure, Can We Still Avoid Inflation?, The Austrian Theory: A Summary

Описание:

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. The paper describes the progress made and the difficulties encountered during 1994 and early 1995 in implementing the programs supported by use of IMF resources. Annexes provide statistical information and discuss regional integration efforts, developments in monetary policy, and technical assistance provided by the IMF and the World Bank.

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