Olowofeso, Olorunsola E.; Wadda, Ebrima N.; Loua, Joachim; … - 2024
(GDP) growth rate, current account balance, fiscal account balance, lending (interest) rate, and exchange rate. Using the …, current account, and GDP growth were positively affected. Specifically, a one standard deviation shock in interest rate led to … current account and 1.6 percent in GDP growth in the first year. It is recommended that the authorities in the Zone pursue …