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This article examines the influence of Policy Mix coherence in Economic Community of West African States (ECOWAS). The paper innovates in two ways. First, through an interaction between the monetary conditions index and the primary structural fiscal balance, we highlight coherence-type...
Persistent link: https://www.econbiz.de/10010821124
The paper investigates the importance of spatial dependences on Foreign Direct Investment (FDI) localization across Chinese provinces over the 1992-2009. Based on exploratory spatial data analysis, spatial sigma-convergence and spatial Durbin specifications, we present a much clearer picture of...
Persistent link: https://www.econbiz.de/10010899952
The paper investigates the importance of spatial dependences on Foreign Direct Investment (FDI) localization across Chinese provinces over the 1992-2009. Based on exploratory spatial data analysis, spatial sigma-convergence and spatial Durbin specifications, we present a much clearer picture of...
Persistent link: https://www.econbiz.de/10010883838
RESUME:La présente contribution analyse les expériences d’inflation dans les pays de la CommunautéÉconomique des États de l’Afrique de l’Ouest (CEDEAO) dans une perspective de création demonnaie unique. Les résultats montrent d’une part, une convergence nominale bien perceptiblede...
Persistent link: https://www.econbiz.de/10011015283
[eng] In 1999, WAEMU (West African Economic and Monetary Union) countries adopted a Convergence Pact. Its main goal is to constrain national fiscal policies so as to prevent macroeconomic imbalances and preserve the credibility of the common currency. While budgetary efforts may cause recession...
Persistent link: https://www.econbiz.de/10010978470
The aim of this paper is to analyse according to neo-structuralists (in particular Van Wijnbergen, 1983) the impacts of financial policies such as the rise of the deposit interest rate on loanable funds in a dualist financial system. The model highlights the importance of the activism of banks...
Persistent link: https://www.econbiz.de/10008510635
This article examines the influence of Policy Mix coherence in Economic Community of West African States (ECOWAS). The paper innovates in two ways. First, through an interaction between the monetary conditions index and the primary structural fiscal balance, we highlight coherence-type...
Persistent link: https://www.econbiz.de/10010756216
Persistent link: https://www.econbiz.de/10008180243
Persistent link: https://www.econbiz.de/10011140043