West African Economic and Monetary Union (WAEMU): Recent Economic Developments and Regional Policy Issues in 2000

November 5, 2001

Preview Citation

Format: Chicago

West African Economic and Monetary Union (WAEMU): Recent Economic Developments and Regional Policy Issues in 2000, (USA: International Monetary Fund, 2001) accessed November 21, 2024

Summary

There has been a marked deterioration in the economic and financial performance of the West African Economic and Monetary Union (WAEMU) as a whole. These developments reflected unfavorable terms of trade, political conflicts in certain countries, and a weakening of adjustment policies. Progress needs to be made in achieving fiscal consolidation and macroeconomic convergence among WAEMU member countries. It would be important to achieve a greater integration of the WAEMU region's money and financial markets.

Subject: Banking, Commercial banks, Credit, External position, Financial institutions, Foreign assets, Money, Nonperforming loans, Tariffs, Taxes

Keywords: Banking system, Central bank, CFA franc, Commercial banks, CR, Credit, Exchange rate, Financial support, Foreign assets, ISCR, Member country, Monetary policy, Nonperforming loans, Single market, Sub-Saharan Africa, Tariffs, Terms of trade, WAEMU economy, West Africa

Publication Details

Pages:

73
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2001/193
Stock No:

1WAUEA0012001
ISBN:

9781451840605
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports