Current account sustainability in Sub-Saharan Africa: Does the exchange rate regime matter?
نویسندگان
چکیده
منابع مشابه
Exchange Rate Regimes and Revenue Performance in Sub - Saharan Africa
It has been argued that the institutions of the CFA Franc zone may have reduced in°ation but that they also induced misalignment of the real exchange rate and that this is the explanation for their dismal revenue performance. This paper uses a panel of 22 countries in sub-Saharan Africa to estimate revenue performance over the period from 1980 to 1996. It ¯nds that the poor cumulative relative ...
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ژورنال
عنوان ژورنال: Economic Modelling
سال: 2014
ISSN: 0264-9993
DOI: 10.1016/j.econmod.2014.04.017