West African Economic and Monetary Union (WAEMU): Selected Issues

April 4, 2016

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West African Economic and Monetary Union (WAEMU): Selected Issues, (USA: International Monetary Fund, 2016) accessed December 26, 2024

Also available in: français

Summary

This paper presents stylized facts on the quantitative and qualitative infrastructure gap in the West African Economic and Monetary Union (WAEMU), estimates the efficiency of public investment, and recommends how to improve it. The WAEMU countries face an important common challenge of creating sufficient fiscal space to finance ambitious growth, development, and poverty-reduction programs in individual countries. This paper also provides comparative evidence of the situation of WAEMU in several areas of financial development relative to groups of benchmark countries. The state of inclusion in the WAEMU along three dimensions—poverty, income inequality, and gender inequality—is also examined in this paper.

Subject: Expenditure, Financial markets, Financial sector development, Gender, Gender inequality, Public investment and public-private partnerships (PPP), Public investment spending, Revenue administration

Keywords: CR, Extent income, Financial sector development, Gender inequality, Global, Investment, Investment efficiency, ISCR, Public investment and public-private partnerships (PPP), Public investment spending, Sub-Saharan Africa, Waemu, WAEMU country, WAEMU growth, WAEMU member, West Africa

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/098
Stock No:

1WAUEA2016002
ISBN:

9781475550009
ISSN:

1934-7685

Notes

Also Available in French

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