Benin: Selected Issues and Statistical Appendix

November 24, 2004

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Format: Chicago

Benin: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

This Selected Issues paper and Statistical Appendix analyzes sources of economic growth in Benin. It concludes that the policies implemented since the early 1990s paved the way for higher growth rate by raising total factor productivity as well as capital accumulation. The paper examines the cotton sector reform in Benin and the subsidies by major producing countries. It also analyzes recent trends in Benin’s external competitiveness, and conducts an analysis of the equilibrium exchange rate to assess whether the movements in the real effective exchange rate in Benin were consistent with the underlying macroeconomic fundamentals.

Subject: Agricultural commodities, Commodities, Financial services, Foreign exchange, Microfinance, Production, Real effective exchange rates, Real exchange rates, Total factor productivity

Keywords: Africa, Aggregate production function, Agricultural commodities, Benin, CR, Exchange rate, Growth accounting technique, ISCR, Microfinance, Microfinance sector, Output elasticity, Price, Real effective exchange rates, Real exchange rates, Right, South Asia, Sub-Saharan Africa, Tertiary sector, Total factor productivity, West Africa

Publication Details

Pages:

101
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/370
Stock No:

1BENEA0032004
ISBN:

9781451962284
ISSN:

1934-7685

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