Macroeconomic Reforms and Growth in Africa: Adjustment in Africa Revisited |
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adjusting countries Adjustment in Africa Benin Burkina Faso black market premium budget deficit Central African Republic CFA countries CFA franc zone Change in Macroeconomic Congo Cote d'Ivoire data revisions deterioration exchange rate policy exchange rate premium expenditures fiscal policy stance franc zone countries Gabon Gambia GDP growth GDP per Capita Ghana given a score growth rates Guinea-Bissau increase indicator inflation rates investment Kenya large improvement Macroeconomic Policy Stance Madagascar Malawi Mali market exchange rate Mauritania Median monetary policy score Monetary Policy Stance Mozambique Niger Nigeria non-CFA countries overall fiscal deficit Overall Macroeconomic Policy overvaluation parallel market exchange percent of GDP Percent Score period policy change policy index policy reform Policy Research Department Poor Macroeconomic Policy rate policy scores rate policy stance real depreciation real exchange rate real interest rates REER regression revised data Rwanda seigniorage Senegal Sierra Leone Zambia Sub-Saharan Africa Table Tanzania terms of trade Togo Uganda World Bank Zimbabwe